re: doomsayers not off the mark
Steve, shame on you for slinging mud. erodes your creditability. The rights is fully underwritten - NO! They are burning cash at $500/mth - NO! (check this year's report) gutless wonders out there not willing to take up the rights issue - NO! (protecting capital) emotional players - NO! (rather we are UN-emotional investors)
1/ MSC sold less material this last financial year than the year before. 2/ When investing real money, tis best to look at both sides of the equation, 3/ Presently it is Last man standing scenario - Look out for trading halts. 4/ Better value elsewhere.
Good luck to all,
PS: What do you think the shareprice will be AFTER doubling the registry?
MSC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
