LTI, that was a very good post to explain how the PE ratio is...

LTI, that was a very good post to explain how the PE ratio is meant to be correctly applied. No - it was a GREAT post!

Everyone knows how we are apparently on the brink of success with contracts and good news effectively anticipated 'in our face' over the next 3-6 months. Armed with the information in your post, even the most pessimistic among us can see that the current shareprice is dramatically undervalued if a portion of even the short-term promise comes in. In summary, big future rewards are very much on offer to the shareholders IF the company can stay on its feet.

It is all so frustrating with the separate advice this morning of a (hopefully temporary) glitch of some sort in the 'completion' (critical money in the bank part) of the current Luxinvest deal. It's just unhelpful to speculate on the reason for this one, so we have to patiently wait for the Company announcement providing more details. I'd like to think it can be sorted - IMO it's just unbelievable that we can be here at "5 minutes to midnight", with the obvious power growth potential that we have, and yet have a funding source come up with a glitch from left field - presumably over a portion of a lousy $5M or so to boot. Sheesh. I'm thinking this is a piddling amount of money for sophisticated investors to secure the current equation of MST - who will likely be a billion dollar company within 2-3 years. What the....