MNS 0.00% 4.2¢ magnis energy technologies ltd

If it's a CR...which is what it looks like in some shape or...

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  1. 700 Posts.
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    If it's a CR...which is what it looks like in some shape or form, I'm guess it won't be for much. Maybe a $2M? Expenditure over the coming 6 months won't be anything like the next 6 months. The letter is the ASX is intriguing though as it mentions both oridinary shares and options. Will new options be tagged with any heads as part of the raising? Maybe the raising is a mix of heads and options...so what would be the option price?

    There must be confidence from board that a binding offtake is in the pipes or else they wouldn't be flying to China in a couple of weeks.
 
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