MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: iM3NY Credit Facility, page-382

  1. 1,308 Posts.
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    It’s being sold down because if sentiment?
    Are you ok?
    You do realise;
    1) They lost $73 mill last year
    2) Had/has negative nettt equity
    3) Is/Was under investigation by ASIC
    4) Was mentioned on thee Senate floor with regards to ASIC investigation shortcomings
    5) Has had how many people depart in the past 2 years ?
    6) Have just breached 6 covenants on a $100mill loan facility, with some covenants appearing to be actionable
    7) Attack anyone who doesn’t believe the dream……… forget cents, we’re talking dollars, dollars I tell you…..
    8) Was suspended from the ASX
    9) Did i mention they’ve sold F all and produced NOTHING but stupid press videos costing SH’s hundred of thousands
    g
 
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