MNS 0.00% 4.2¢ magnis energy technologies ltd

ASX Today, page-36

  1. 2,988 Posts.
    lightbulb Created with Sketch. 1136
    Slogger
    Evidence suggests that battery announcements have only moved the share price in one direction. We have the usual rampers here who think MNS is the next Tesla/Panasonic in battery manufacturing, but the bulk of the holders are speaking reasonably clearly and that is reflected in the price being at a 52 week low.

    The only thing that will turn this around is either certainty around funding (for battery factories), or progress (incl funding) on Nachu.

    You are spot on....another 'price sensitive' announcement with a picture of a battery, equipment on a truck, a supercar etc etc will get the faithful excited for 5 mins, but the rest of the register understand $$ and are selling this down.
 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.