MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Trading Halt, page-122

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  1. 182 Posts.
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    Wasn't India. But interesting news nevertheless. Though mixed feelings about this as this situation could be replicated numerous times over in future. Hope we have our commercial agreements in place with C4V for the long-term. It reads like im3ny may initially be producing the battery cells for Omega Seiki over the next few years given C4V has no other manufacturing capability. Then in a few years Omega Seiki will be producing solid state batteries themselves in India using C4V technology and seemingly branded as C4V batteries. Looks like C4V is going it alone as "C4V India". At least we have a 9.65% stake in C4V.
 
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