While the Rights Issue has tapped many of us of spare cash, its completion now eliminates the off market source of additional stock and thus we have seen a surge in additional on-market demand today.
Recent good news and positive press coverage encouraged many investors to take up their rights as an alternative to on-market share purchases. That option is no longer open so any further good news should be more directly reflected in on-market demand and thus in the stock price.
Now that short term cashflow issues have been resolved focus can once again get back to product development, certification and getting sales prospects across the line. While my offer to buy a couple of MAULs hasn't triggered a buying frenzy, news of another order from a major customer will almost certainly change the outlook for MST.
Now it's upto you guys in MST. We have given you the cash that you requested. Lets see what you can do with it.
While the Rights Issue has tapped many of us of spare cash, its...
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