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4.2¢ magnis energy technologies ltd

What price is capital raising at?, page-22

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30/08/19

09:52

Post #: 40235708
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Originally posted by SteveSage: ↑

please point out where I've been wrong

there are posts from 6 months ago that say funding is imminent.....there were even some who suggested that the 50 days was business days etc, so I believe my views are based on facts and history.

as to suspension, it was a question.....what happens when an ASX listed company informs the ASX in their 5B that they don't have cash to get thorough the next quarter and are essentially trading insolvent? Given mgmt have been talking about multiple investments/investors over at least the last 12 months, and the company is literally out of cash in 4 weeks time...what are the consequences? That's the question.

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not wasting my time here steve - you know exactly!

MNS Price at posting: 16.5¢ Sentiment: None Disclosure: Held
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