MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Magnis CEO Resigns, page-50

  1. 373 Posts.
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    No surprise he quit a few days after MD based is US announcement. Good luck to him. Happens all the time, what's required for a start up to grind to success, isn't the same as what's required for a company booming and expanding operations exponentially. Different game. I take this as a very good sign. No words from him in the announcement, I take it he saw the writing of the wall and was not happy that he is getting sidelined on the cusp of massive success. It's human, and fair enough, but for shareholders, this is a good sign. Just my take. A few more pips and I'm even. When the certification comes through, projecting quick climb to 40c+ same as it was when it was due last time. They have a stockpile of batteries and off take so those announcement will drive it higher. 50c near term high aimho.

    conversely if some horrible disaster happens and certification doesn't happen, it's going to be a complete flop, but everybody knows this.

    gltah! As always anybody who's been waiting eons, we all know the feeling.

 
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