MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Trading Halt, page-10

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  1. 47 Posts.
    A disappointed market is what's resulted from recent announcements and unless there's some serious meat on the bones here, I fear we could be in strife given where there SP is placed now compared to previous announcements.

    Talk of planned gigafactories without big hitters involved isn't what the market wants from management right now. It seems that every major announcement not delivering on the formerly claimed impending offtake with a household name, is perceived as an admission of sorts that Nachu graphite can't find a buyer and management is left scrambling for alternatives.
 
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