MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Trading Halt, page-50

  1. 1,801 Posts.
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    Predicting this to be just another high volume sell opportunity. BFS figures are a long way from becoming a reality with zero binding offtakes and the longer it takes the stronger the correction will be for the market cap as the spot price continues to slide. The company is not meeting market expectations in my opinion. Sad really because this could turn into a long drawn out spot price slide until fair market cap value is recognised.
 
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