Comparing share prices of different companies is an interesting...

Comparing share prices of different companies is an interesting practice but I believe it is largely pointless as doing so is usually to compare apples with oranges. Although all stocks have a dollar value, or in our case part of a cent, comparing MSTs share price with the price of a share in another company in the same industry or even the average for the industry tells you absolutley nothing.

The reason that such comparisons are fruitless is that the price of a share reflects the market capitalisation ie the valuation of the entire company, divided by the number of shares on issue or thereabouts. If two companies have the same market cap but different numbers of shares on issue then the one with the least shares on issue will have the highest share price.

MST could become a dollar stock next week if the company performed a 1:100 capital reconstruction. Although this would give us a nice looking share price it wouldn't change the value of the company nor would it make anybody any richer (except the accountants and lawyers). It would simply reduce the 1.6 billion shares on issue down to 16 million thus pushing up the price per share.

If you are going to compare companies or MST to a group of peers then could I suggest that you compare the market caps rather than the share prices. If you wish to speculate on what the MST shares would be worth if MST had a market cap similar to its peers then figure out the market cap and divide it by the shares on issue in MST.

Sorry, not meaning to be critical of your thoughts, just wanted to address the methodology. I too would like to see MST get to 10c then 50c then $1 but we do need to remember that our current market cap is only about $13mil. The good news about such a low market cap is that every $1.3mil increase in value from here equates to a 10% increase so a big contract would likely see the SP increase hundreds of percent almost overnight I would think. Big risk = big returns or no returns at all.