MST metal storm limited

I do believe Metal Storm is likely to survive now. That being...

  1. 247 Posts.
    I do believe Metal Storm is likely to survive now. That being said, if you consider the timeline for the Canadian small arms improvement program I believe it is indicative of the time scales for significant sales and massive recovery in the stock price. I don't see this company taking off in a big way any time soon, even if they get MPM-NLWS engineering contract and some sales to law enforcement for MAUL. We're still a long way off ... I think we'll see MPM-NLWS awarded this year (my understanding is that Metal Storm is the front runner). We may see some additional orders for MAUL for trials, and perhaps hear more about force protection. I do not believe we'll see substantial orders this year for any of Metal Storm's products, but we're probably likely to see increased revenue from trials.

 
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.