MSM 0.00% 5.9¢ msm corporation international ltd

Well haven't the might fallen. What a mess and flop this is....

  1. 4,783 Posts.
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    Well haven't the might fallen. What a mess and flop this is. Forgive me for just going by the Market Cap at the top right of this page, clearly the bottom is falling out too fast for even HC to keep up. What a crash I've heard the types screeching from miles away since 4 days after this launched on Oct 1.

    Market cap half of what it was this page can't even keep up it is falling so fast. Unsubstantiated is the word isn't it. Just like the information shareholders have about the actual usage data and revenue potential for this listed company. Lack of information for shareholders to make informed decisions leads to market price crashes like we have seen in MSM.

    When they close tonight and get a Please Explain from ASX, well, won't that put them on the spot and place them into a quandary. Do they disclose the actual numbers in the interest of full transparency? Because there is no reason to not advise the market. It won't impact the product in any way. Or do they say we don't know why? ASX will be looking closely at any register after a Please Explain to see if there is an announcement that revenue targets (what they again?) were not met and insiders were selling. Not suggesting anything

    But then that is good news right? Hearing "we don't know why"

    I will revise my floor on this to around 8 cents with possible entry point around there, oh no hang on, they will raise capital to keep the lights on, so make that 6 cents my entry point.

    DYOR, this is not financial advice I am a simpleton and don't know anything about this company
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