MNS magnis energy technologies ltd

Ann: Response to ASX Appendix 5B Query, page-7

  1. 7,736 Posts.
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    "Gauging from recent announcements it appears they are uncertain where the next round of capital funding will come from..."

    give it a break Wilma85 - how you arrive at that they are uncertain as to where the funds to come from is a big statement from you. I assume that you have contacted management and that's what they told you - must have been sometime after the ANN so we expect another ANN from then confirming your conversation??? or just another throw away line of yours - you good at that - so provide evidence that they don't know.

    CR will IMO produce the goods as it has previously - obvious that market will be nervous until additional information is provided but the ANN from management didn't show any nerves from their end from what I could read into it.

    so lets wait and see what they say - not long now before that I suspect.

    BTW " until today had a market cap of >$200m." - Thought you were in the finance industry - if you look on RHS still over $200m so where did you get that from?. may dip below that before the next ANN but lets face it on all probability MNS has decent upside from here as well.
 
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