MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Trading Halt, page-30

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  1. 4,971 Posts.
    lightbulb Created with Sketch. 109

    oh steve what a classic - they raised $11m and nearly gone - wow so you are saying that the funds were not used appropriately - youre a classic (and I dont mean a collectable one).

    management always used funds wisely and efficiently from what I can determine. funds from the $11m raising have got us to where we are today with minimal dilution. one day you may just see how well management are performing compared to the majority. and if Tanz Govt hadn't stuffed things up there then I have no doubt whatsoever that we would have been streets ahead there as well - but that's a moot point.


 
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