MNS
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0.00% 4.2¢ magnis energy technologies ltd

Ann: 4th Quarter Activities and Appendix 5B, page-10

  1. groins
    2,415 Posts.
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    28/07/23
    11:09
    Post #: 69034270
    I'm not an accountant either but I know it will be zero. It is a separate business. If its so hard to get a hold of the concept think of it like this. If (huge if) MNS make any cash or profit and you are a shareholder how much does your bank account go up by? By zero unless the company pays a dividend. But the value of the company may go up (Share price appreciation in the case of MNS)
    Last edited by groins: 28/07/23
    MNS Price at posting: 10.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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