MNS 0.00% 4.2¢ magnis energy technologies ltd

Just want to clarify for you guys;If they just sell an asset,...

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  1. 1,114 Posts.
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    Just want to clarify for you guys;

    If they just sell an asset, they need to sell it for more than the stated value on the balance sheet and cash they've burnt to that point - otherwise they are still running insolvent and the ASX won't accept they are solvent again.
 
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