Gday Giddyup. If Shareholders do have any rights in regard to...

Gday Giddyup.


If Shareholders do have any rights in regard to voting on
whether ASOF will hold 95% of company shares , I will certainly be voting for the original share holders interests as I figure it or a fairer outcome even if that means liquidation.

ASX and ASIC may support shareholders rights if any and direct the new MST management to hold a vote on the issue
of shares issued following Metal Storms voluntary administration situation.

Currently a Million MST shares at .001 has a value of one thousand dollars.
If ASOF holds 95% of the shares issued then that million shares represents only 5% of its former market value due to dilution ,to my way of thinking ?
So a million shares then would have a value of $50.
How could that be a good result for the shareholders ?

The Pinder Deal at least seemed to offer shareholders a
chance to retain 80% of their share value in theory. Im not sure if that is correct ?

Someone mentioned last year that the average shareholding was around 900 thousand shares.
Does that mean the bulk of the shareholding is made up of
shareholders with around 900 thousand shares that may be worth less than $50 following dilution ?