MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Half Yearly Report and Accounts, page-23

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  1. 1,595 Posts.
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    Slogger, in my initial comment I opened with a very clear disclaimer, indicating that it’s only one of many possibilities.

    When you do the math, who else could they be lending to? It could be a loan to one of their offshoots or subsidiaries, another big possibility.

    When you don’t clearly provide reasoning you’re left with assumptions. The half yearly report is a pretty big document, you’d think there was room in there for a 1 line explanation. Although maybe they just didn’t feel the need to explain? Or didn’t want to? Who knows.
 
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