MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Trading Halt, page-27

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  1. 3,032 Posts.
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    Instead of the normal up/down ramping stuff on this forum, anyone with any 'real' ideas as to what the acquisition might be (what gaps are mgmt. trying to fill).

    The suggestion of a mine above does not seem feasible - it would have to be operational to supply Europe/US and you would imagine that this would be well beyond a 20-30m price which would be at the top end of what you imagine MNS could raise.

    Anyway, any educated guesses?

    ps. got to give credit to Frank for the timing......best to sit on the sidelines on days like this in the market
 
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