MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: New York Gigafactory Progress, page-89

  1. 1,818 Posts.
    lightbulb Created with Sketch. 816
    Lets look at the mcap be kind 210m
    572 million shares is it at last count before the next CR?
    Not sure of the eps on that. No one has earned anything yet.
    Current share price 35.5 with a low of 35.
    How much is needed for the gigafactory and how is that money going to be raised?

    Lets assume $50 mill. High risk but.

    Money in hand approx $1.5 mill.
    I know the real investors have done their sums but for us small fry. That may be why it is trending down.

    How do you raise that?
    And it has to be hard cash.
    Three ways.
    Bonds
    Loan
    CR
    All risky and dilutive
    IMO
 
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