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0.00% 4.2¢ magnis energy technologies ltd

Correct me if I'm wrong but my understanding is that Magnis...

  1. Jake870
    324 Posts.
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    15/06/23
    09:34
    Post #: 68294890
    Correct me if I'm wrong but my understanding is that Magnis won't see any of the liquidity from IM3NY revenue for a couple of years until it is cash flow positive, i.e all revenue from IM3NY will be put back into IM3NY for growth and expansion. I think this question has been asked before but there hasn't been a definitive answer given as far as I'm aware. Hopefully the new CEO/management will be more transparent about revenues etc. Obviously a US government grant would change things significantly.
    MNS Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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