MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Trading Halt, page-34

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  1. 1,503 Posts.
    lightbulb Created with Sketch. 839
    This shot below from a previous announcement was shared on twitter.

    I couldn't help but notice the similarity in language used back in May 2020 to today's announcement.

    MNS stated below potential financiers had provided non-binding term sheets, once again in today's halt we saw the word potential again in relation to a finance agreement.

    I think this bodes well for a more advanced-stage financing being on the way, as supported by the presentation/subsequent tweet by im3_ny on Sunday.

    It may seem semantically but there is a lot to be excited about with MNS and today's relentless buying should be a testament to that.

    I now have two stocks in halt till Monday, it's going to be a long few days ahead!

    GL all

    https://hotcopper.com.au/data/attachments/3094/3094836-2dd66c772bc1b0ff47336a43df0db169.jpg


 
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