MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: NY Lithium-ion Battery Plant Update Binding Sales Increase, page-75

  1. 2,216 Posts.
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    Well we smashed through resistance on volume... buckle up

    First target of 60c from this move north, which is fundamentally very reasonable - $500m MC pre-listing...

    Then post-listing $1bn+ valuation off the back of investors waking up and realising MNS has >$1bn in binding sales contracts (binding i.e. already secured) - only because I don't think us Aussies quite realise how much of a winner MNS is in the current Li boom market, as always others will instead capitalise on Australia's success

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    Last edited by notlistening14: 04/08/21
 
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