MST metal storm limited

us defence fy2012 budget

  1. 473 Posts.
    It would provide $107.6 billion for procurement. An increase of $5.5 billion over the 2011 level.

    http://thehill.com/homenews/house/164079-military-spending-balloons-amid-bipartisan-calls-for-cuts

    Interesting this news was confirmed at the same time Colt confirmed it's considering a partnership with MST.

    I think it's interesting the current downward pressure on the MST SP began 3 weeks ago (sudden drop from 0.7 to 0.5) when the US Defence FY2012 budget was being completed. Colt was probably in communication with MST a few weeks ago also.

    I hope the current SP is for Duchess to get more shares (via equity line agreement), or just softening the market up, before a take over bid!

 
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