MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Quarterly Cashflow Report, page-52

  1. 1,821 Posts.
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    Still a long way from the true value of this stock at between .08 and .15 cents per share. The sideline of investing in a battery future is panning out as it should. A furphy. And for those who say, 'if you don't hold then don't comment' how silly. If you don't hold and you see a risk for other investors being taken in, then it is a responsibility to call it out. It has long been an arbitrage share. Watch for the announcement, couched in vague language then see it jump a few cents. A tiny 8 person company, oriented to the possibility of owning some land and getting some other company to stump up the money, if a mine happens. Then the cream, buy some kit in a failed venture, ship it to another site, set it up, go into production and make a mint. With no experience or partners of note. Not a good look.
 
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