MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Response to ASX Appendix 5B Query, page-12

  1. 2,899 Posts.
    lightbulb Created with Sketch. 1082
    Any CR at this point in time (so close to running out of cash, at a lowest price in a number of years, & with little prospects) is going to be at a huge discount & highly dilutive.
    the best hope for shareholders is if im3ny funding comes through....but that option seems to have passed just like most of the breathless annoucements over the last few yrs....really dissapointing from Marc, but perhaps he was not aware how dire the situation was & how much fluff was in the previous announcements
 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.