MNS 0.00% 4.2¢ magnis energy technologies ltd

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

  1. 19,304 Posts.
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    Mmm these finance packages always sound great in principle - reality is they usually end up with shareholders wearing more dilution as inevitably the board doesn't deliver and you end up raising at lower and lower prices at each issue cycle. Signing up to a deal like this reeks of lack of other options.
 
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