MST metal storm limited

defense & homeland security stocks

  1. 520 Posts.
    Defense & Homeland Security Stocks: Some Are Going Up, Up, Up

    http://www.oromoindex.com/technews/

    http://www.oromoindex.com/technews/2010/03/26/defense-homeland-security-stocks-some-are-going-up-up-up/

    And if you like the values offered by good cross-border companies, have a look at Brisbane, Australia-based Metal Storm (http://www.metalstorm.com), which trades on the ASX under the ticker symbol MST, and OTC in the US under the ticker MTSXY.PK. The OTC listing is an ADR, and has been trading better than a lot of cross-border ADRs. MTSXY has a proprietary �stacked technology� that allows projectiles to be fired from a multiple-barreled weapon (MAULtm) whose ignition has no moving parts. The government of Canada is a recent buyer (http://finance.yahoo.com/news/Metal-Storm-to-Deliver-MAULTM-iw-618012473.html?x=0&.v=1), and Metal Storm has an office in Arlington VA within kissing range of the Pentagon. The ADR closed Friday at $0.29 against a 52-week backdrop of $0.27 � $0.90, so there may be some room there.
 
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Currently unlisted public company.

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