MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: 3rd Quarter Report & Appendix 5B, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 19,072 Posts.
    lightbulb Created with Sketch. 2666
    They can't keep borrowing as there won't be enough asset to be offered as security.

    And they can't raise equity as ASX have suspended them and is unlikely to release the company from suspension any time soon; in light of today's announcement.


 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.