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0.00% 4.2¢ magnis energy technologies ltd

Ann: Shareholder Update, page-127

  1. emugrasshopper
    544 Posts.
    lightbulb Created with Sketch. 128
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    24/05/24
    16:37
    Post #: 73998422
    Less than a week to end of payday loan rollover, still no promised disclosure of ‘full details’ - what we do know is $4.6m @ 5% monthly interest, then 5.5% - start 1 Dec. what we don’t know is the total debt due - penalty interest? Any default notices? What is the security for the loan? Sadly no funding updates from PwC (NY), PEY(Nachu). It’s time for ASIC to apply to the Federal Court to appoint administrators.
    MNS Price at posting: 4.2¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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