MNS 0.00% 4.2¢ magnis energy technologies ltd

AUD/USD exchange rate matters when re-rate, page-2

  1. 2,667 Posts.
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    A solid point mate - very true that this could provide additional leverage for the SP. Especially if/when listed on a US exchange - we already look cheap from a market cap perspective for a company in production in months and at 1.8GWh/yr soon.

    But with a AUD vs USD drop of 5% in the last week, we'd look even cheaper. We're a measly $228m USD market cap right now.
 
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