MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Becoming a substantial holder, page-7

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  1. 328 Posts.
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    Absolutely agree. IMO C4V selling and ALC purchasing. Neautiful arrangement. I guess my only question is why they didn't just facilitate an off market trade at an agreed price. Worked out well for AL Capital, but C4V probably got a little short changed. Good though that MNS and C4V now have collectively bolstered their cash positions (assumedly) allowing for much more confidence in decision making and progressing the facility.
 
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