I am very surprised that an alternate source of funding hasn't appeared on the scene. It would be a very good opportunity for some large private equity firm to step in with an offer to "rescue" MST and make a huge profit by doing it on their terms. I know there is a lot of cash out there in investment circles even in these "hard times". MST would look ripe to me. Of course then I have to consider some kind of inside deal being done with AFHL. Why else would they let the deal drag on this long.
The fact that they haven't called for a trading halt is very suspicious in my view. I'm sure there will be a lot of recrimination in the next few weeks even if the company survives
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