MNS magnis energy technologies ltd

AFR reporting Cap Raise, page-3

  1. 7,747 Posts.
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    or maybe the funding is a share offer to current investors for $15m - either way totally not what i expected and IMO indicates that "proper" funding is unable to be accessed! hopefully am wrong but last time funding was ANN'ed i think similar thing happened so maybe this is the norm now?. gosh i hope im wrong - dilution rather than debt equity - not good beyond a certain point IMO we have reached already!
 
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