With so many projects approaching actualisation, the buying indicates to me that the broader market is starting to really grasp the writing on the wall:
- consortium member for a possible gigafactory in the world's most populous country, with a government that only last week imposed import tariffs to promote local production (1)
- NY finance and end of year production close at hand (2)
- interested parties conducting DD to finance all or part of Nachu, whom would be encouraged by:
- RAP completion (2)
- possible DSE listing waiver (2)
Which of these is exciting the market most of all is anyone's guess. The next 6 months could be massive for Magnis imo.
@MaxAction , what does today's buying tell you? I will take fundamentals over finger painting any day of the week thanks
1. https://economictimes.indiatimes.co...inted-board-assembly/articleshow/67757937.cms
2. ASX announcement: MNS Quarterly Activities Report, 31 Jan 219.
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