MST metal storm limited

If Luxinvest do back out of the funding deal. I guess ASOF can...

  1. 293 Posts.
    If Luxinvest do back out of the funding deal.
    I guess ASOF can now either demand to be paid for the notes ? which puts MST financially in a precarious position to raise funding quickly elsewhere maybe even as low as a.0005 ratio per share ?
    It could be contested legally but its time and money involved.
    I think they require 90% of the shares for a hostile takeover. Im not sure ASOF etc have those figures at this stage ? In such a scenario it would mean shareholders get .001 for their shares ? Better than nothing I guess. lol
 
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