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4.2¢ magnis energy technologies ltd

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da10bagger

794 Posts.

38

27/10/21

19:51

Post #: 57124501
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Originally posted by joeycloud: ↑

Based on the detailed trade data, it was very likely a single buyer blitz purchasing around 5 million shares this afternoon (~$2 mil).

There's definitely more exposure of IM3 and C4V in the coming few days over in the states through various conference appearances and upcoming collaboration so maybe they're anticipating for a re-rate within a shorter timeframe, or insider info telling them to soak up as many shares as they can at these prices...might tempt daytraders to join in the excitement and increase volatility again...(not a fan of the upramping poster with those over already hyped price predictions). Let the project earn it's re-rating through progress.

Anyway holding steady for rest of 2021 and focus on the 1.8GWh milestone next year.

GLTAH

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Glad to hear it. Looks like the earlier 2021 highs are about to be history.

MNS Price at posting: 43.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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