From report
"But in some good news for shareholders, Metal Storm today advised it’s got some breathing space after receiving $300,000 from its additional “immediate equity placement” to AFHL arranged this week.
The Brisbane company is expecting a further $430,000 by tomorrow, which will give AFHL an additional 45 million shares in Metal Storm at a tidy discount of 1.6c"
So, if this is correct, the "emergency saviour" is AFHL itself. Oh dear! What next?
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