MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Trading Halt, page-15

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 564 Posts.
    lightbulb Created with Sketch. 102
    Slogger
    MNS has pumped at least 15m in cash into IM3NY/C4V......why would I be devastated if someone throws some money in to either buy some of the ~47% stake or chip in money what is not MNS shareholder money.

    The industry is saying battery prices are coming down 10-20% each year and the only way to survive is scale and agreements like Tesla/Panasonic or VW/LG Chem.....whatever this is, it's going to be a long way from the manufacturers making money on batteries.

    Still don't see any way Upreti and some equipment shrink-wrapped in a warehouse becomes a productive factory (let alone a profitable one), but if it drives the MNS price up, it might be an opportunity to reduce exposure.

    Nachu still the only economic asset on the table....shareholders told you that when the price was bid up when Nachu was progressing.....endless battery announcements have all resulted in the price moving in one direction.....slight uptick next week, with the slow & steady price move down until Nachu is resolved...all IMO


 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
(20min delay)
Last
4.2¢
Change
0.000(0.00%)
Mkt cap ! $50.37M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
MNS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.