MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Response to ASX Query Letter, page-47

  1. 1,836 Posts.
    lightbulb Created with Sketch. 840
    Back then the Madnis minnow was predicting $80 million in revenue for 2022.
    Of course we all knew it was pure BS... but ... maybe they meant they would spend an additional $80 million just to keep the lights on. No revenue at all.
    And no sign of anything happenning at all.
    2023 was $360 mill revenue... That had them rolling with laughter.
    We are used to predictions being off by 10 or 20% but this is a new level of pie in the sky, no idea at all.
    Did they read tea leaves? Or look at chicken entrails?
    Maybe they should have..
    Watch out punters
    DYOR


    https://hotcopper.com.au/data/attachments/5483/5483561-b77ce4a16ac89a451507eb6db4623527.jpg

 
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