MNS 0.00% 4.2¢ magnis energy technologies ltd

With only $28k as at 31 March 2024. It really is the end (nearly...

  1. 18,535 Posts.
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    With only $28k as at 31 March 2024.

    It really is the end (nearly 2 months since).

    ASX won't release this company from suspension, so they can't raise any $$$

    Borrowing has almost hit the limit as there aren't any more assets left to offer.

    Won't be able to pay salaries, legal expenses, office expenses and rent for the next quarter, IMHO.

    Time for the lawyers to move in.
 
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