MNS 0.00% 4.2¢ magnis energy technologies ltd

Can't see a cornerstone investor wanting to do a CR anytime soon...

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  1. 880 Posts.
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    Can't see a cornerstone investor wanting to do a CR anytime soon after their investment, not a good look to their shareholders.. dilution. Banks can handle financing along with Shareholder CR further down the track.

    I am waiting to see who (board rep) and size? Would like to see about 10-14% of current cap, about $20-$30M, and nice German sounding name.
    Last edited by trousergecko: 31/08/18
 
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