MST metal storm limited

I think writer is right.Hopefully these negotiations and the...

  1. 938 Posts.
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    I think writer is right.

    Hopefully these negotiations and the outcome will signal the end of the worry that we all have had that the company is going to fall over because of financial difficulties.

    No doubt if that's the case the price should go up. However, given the state of the general market which is very jaded & cautious I'd be surprised if it jumps hugely like it did before when the AFHL financing was announced. It's likely to take some time unless or until some institutional on market investors decide it's something to get into. There are so many shares floating about now, plus a lot of options that may be taken up once the price gets over 1.5c. Depending on the terms of the finance deal, there may be a huge number of new shares issued to the new investors - we could be talking many billions.

    I'd expect that once a finance deal is stitched up there may be a consolidation, maybe 10 to 1 or so.

    What's the prospects? It's not that long ago that MST had a cap value of $400mil. Once the compay is financially secure and has contracts it could easily exceed this in time. Of course, it will be much diluted for current holders but I'd guess there's scope for this to be a 10+ bagger from current prices - so I may just get my money back! Live in hope!
 
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Currently unlisted public company.

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