MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Magnis Secures $11.1M Investment, page-118

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  1. 498 Posts.
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    What's people's thoughts on what a good entry point would be for mns. With the cornerstone investor underwater, the chances of them selling really reduces now. As an investor we know that there is a margin we can make, because I recon the cornerstone investor would put pressure on management to get the share price up over 37, so they make a profit if they sell. Caps the shares a bit, but creates a good trading opportunity still. Potential 10 to 20% trades. Easy money? Or value trap?
 
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