MNS 0.00% 4.2¢ magnis energy technologies ltd

MNS threads on HC, page-1686

  1. 8,481 Posts.
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    Question: as a latecomer to this, although I have read bits and pieces in the media, I am not intimately familiar with the history. I've read the financials. I think it is true that there has been no quantifiable income in the company's life, so funds have been raised from shareholders and loans? Is there any clear sight of where the money went? Does the company have any realisable assets? (I don't believe a mine or equipment would make the grade). The reason I ask is that if the lender of the monthly loan was to take everything over, what would he get?
 
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