Australia's largest stock trading and investment forum Australia's #1 stock forum

MNS

Click for more information

0.00%

4.2¢ magnis energy technologies ltd

Ann: $8 Million in Funding Secured, page-57

First 57 Last

Share
Profile

Follow
Rossi70

4,104 Posts.

1400

28/09/19

18:14

Post #: 40621990
Share

Originally posted by claire69: ↑

what drives me mad is the way things are sold:

The 8m funding is NOT secured. We are talking about UP TO 8m. This is a huge difference! And, so many open ways to get out if this agreement.

Magnis should have been supported by national banks, Aqualand, European bonds or whatever but the one or two people show from the Middle East raises concerns to me.

Expand

Hi Claire69,

If you are not happy with deal, then just sell your shares.

The market must of like it yesterday, the share price went UP, NOT DOWN.

But if the market didn't like the announcement, I can guarantee the share price would of been at 10 cents not 18.5 cents.

If you look at chart on the right hand side of this page, it looks too me, the price might be starting to trend in the opposite direction, UP DIRECTION.

Regards

Rossi70

MNS Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

1 Great analysis

Reply

Top Stories

NRX

Noronex joins forces with South32 to look for copper in Namibia

AI stocks: What to expect in 2024-25

CC9

Wyoming could be America's next hard rock battery metal province – and Chariot Corporation can help

Talking Australia's very competitive property landscape: Realty Talks

FMG

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

There are more pages in this discussion • 60 more messages in this thread...

First 57 Last

Add MNS (ASX) to my watchlist