MNS 0.00% 4.2¢ magnis energy technologies ltd

Company Update to Suspension, page-23

  1. 3,718 Posts.
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    Really bad..Negative equity and cash on the balance sheet doesn’t even cover corporate costs executives salary and interest loan repayments let alone the 70 odd plant workers..without significant cash injection it’s gone by December this year, auditor reiterates going concern basis
 
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