MST metal storm limited

Settle boys and girls.IMHO this is how I see it:I've spoken with...

  1. 358 Posts.
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    Settle boys and girls.

    IMHO this is how I see it:

    I've spoken with Dianne at Lloyds on a number of occasions - she has a solid reputation around town and is not a "Shady Brisbane Lawyer". Far from it. DYOR and you will be embarrassed with any assertion to the contrary.

    I have looked hard and done my research solidly - there really is no management conspiracy - they just had Luxinvest fail to come up with the funds as promised, thats clear and on the public record. Hence the administrator.

    As for some other Chinese / US / Arms company conspiracy -if there was such a thing they would have had an offer in at the creditors meeting - but there were only two. One from Lloyds and the other alternative to wind it up.

    Why is there no-one else bidding? maybe its just too much of a small fry right now, maybe its the pressure on new investment or maybe its gone under the radar for a thousand other reasons.

    Make your own mind up whether you want to be part of this going forward and naturally there will be those who are ready to throw in the towel - who can criticise you? And there are those who have already put up funds to be part of the syndicate. Only time will tell.

    A healthy dose of scepticism is a good thing but paranoia is for Hollywood.

    it will be an interesting few weeks. Take the dog for a walk and think about it.



 
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