MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Quarterly Cashflow Report, page-6

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  1. 1,124 Posts.
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    You’re obviously not capable of reading footnotes. Magnis paid early the remaining balance on its 10% ownership in CV4. Great move finalising ownership in a company that is ahead of the pack in commercialising solid state batteries.

    Magnis was also able to increase its ownership slightly in NY... I wish we could own more considering that initial production is 100% accounted for and investors have expressed interest in financing a scale up to 15GwH.

    @Wilma85 and @Simmpa, better you focus on the stock you do hold - paying the ATO back the money it claimed for R&D is likely to send you into VA imo... EcoDumps indicate that someone has seen the writing on the wall and can’t get out fast enough... leaving you 2 holding the bag!!!
 
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