MNS 0.00% 4.2¢ magnis energy technologies ltd

anf0Agree that subsidies cannot last forever, but the rate of...

  1. 564 Posts.
    lightbulb Created with Sketch. 102
    anf0

    Agree that subsidies cannot last forever, but the rate of change in the cost of solar & wind power should be seen as an example of the change we are going to be seeing in owning an EV vs a fossil fuel car in the not too distant future. Every major manufacturer is pumping billions into a combination of developing EV cars or the batteries to power them.....the cost will come down significantly from where we are now.

    The issue with MNS is that rather than focus on supplying this demand, they are frustratingly stepping into the battery manufacturing space (as an example, the money is not in the solar panels as we have seen many of those manufacturers go to the wall, but rather in the suppliers or users of those panels).

 
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.