MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: IM3NY Cell Certification Update, page-57

  1. 5,709 Posts.
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    6 months on and we have some positive news. We're not there yet though. Yesterday was a buy for the known and today they dump for a handsome 10% profit. It's where the money is made. And seriously, how on earth we think we can make profit from selling NYC made batteries to Indian three wheelers? With full respect to Indian hard workers, I just question the low income market that three wheelers are serving. Why don't they just buy the battery of the Chinese for cheap?
 
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