global emerging markets arun ganguly , page-11

Thanks for the inside thought Moosey,

No wonder that particular 1st equity transaction was never gone through via this particular inter-bank after so many excuses. The whole saga makes a real monkey business out the current management and the board. Anyway, it's water under the bridge now !.

I think the main weakness of MST is not having the deep pocket of major share holders, who can support the company financial in need. JMD holds a large trunk of MST but nolonger have a will or the capacity to do so. Surely he could still sold some out at the current market 2c+ and help the company with the emergency funding placement at 1.6c:).

I reckon JMD should let at least 60% of his holding to a strategic institution investor or partner for MST to moving forward. Harmony may not so keen in tipping more at this stage and playing safe with the secured notes. I think ST Kinetics would be the best choice.

Anyway, my MST play is just like betting on a Melbourne cup at the moment from an educated tipping:). Good luck to you all..