MST metal storm limited

MSTGA not trading? - no sellers because they hold the trump card...

  1. 938 Posts.
    lightbulb Created with Sketch. 157
    MSTGA not trading? - no sellers because they hold the trump card in the company if it goes down so why sell - also, if the sp goes down to .016 or less they can convert to shares at an effective rate of 13.5 shares for each mstga (or mstg) share. (Notes can be converted at 90% of 30 day VWAP, to the nearest cent). So it's a waiting game - if the price goes down that much & notes are all converted it would be a bigger dilution than the GEM/EEQ & noteholders will end up with a big slice of the company.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.