MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Magnis Secures $11.1M Investment, page-11

  1. 10,911 Posts.
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    I didn't make a call tony, I did a rough calculation about the lowest CR price (being 80% of the 5 day VWAP). As I explained to you earlier, doing a calculation is very different from picking the price.

    You are the one that said MNS has never done a CR cheaper than the previous - that was your call - yet here we are.

    Capital raisings are an interesting thing to toot about. Look at LG Chem throwing millions into COB at $1.10 a few months ago, now at 46 cents. Just saying people looking to throw money around aren't necessarily right - as anyone watching MNS in the last 2 years has seen the downtrend has been ruthless.
 
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