MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Director Resignation, page-46

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  1. 1,590 Posts.
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    Hi all, only just started to look into MNS as kept hearing the name come up so much, then heard of investment by John Hancock and involvement from inventor of lithium batteries.

    Was wondering how things are playing out inside the company as sounds like quite a few departures.

    https://apple.news/AyD1CTvf6QaSwHImQunY2bQ

    Article popped up checking the SP app, titled “Dack joins the queue out the door at Magnis.” Frank Houllis apparently wrote to board saying he’s lost confidence in the company.


    So we’re these guys not up to the job?
    Was it time to move in new managers experienced in producing?
    Are there underlying issues within the company that could affect an investment?

 
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