MST metal storm limited

volume in the us market

  1. 1,460 Posts.
    Hmmm the announcement has stimulated an increase in volume in the US. Price seems stuck around 16 to 18 c but turnover is up from average 8.5 k to over 34k today. This is not unusual with MST announcements as the US stock trader is much more attuned to the potential implications of defence stocks developments. In Aust as we know the typical reaction is "Yeah so what? or in the case of the Aust press especially Fairfax "Doh" or some damning with faint praise article. Pity if this was a mining stock you would have analysts crawling all over it.

    Nevertheless the US volume is another positive for the future.

    I have I hold I wait.
 
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