MNS 0.00% 4.2¢ magnis energy technologies ltd

MNS charting, page-538

  1. 7,208 Posts.
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    Maybe Wazbee. My take is many people just do not trust the Chinese to come through with the finance and/or that they will screw MNS in the process of delivering it. So people are selling to cover risk.

    Just another de-risk that has to happen before it moves significantly higher again.

    Time line says the end of Sept quarter for finance & they haven't missed a dead line yet.

    Of course Frank would have had no idea how finance was going & was probably worried like everyone else, which is why he only brought 200K worth at 24c a few weeks ago & topped up is super fund the other day - Yeah Right.
    .
 
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