MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: US$85 Million Received in Funding for New York Battery Plant, page-167

  1. 2,126 Posts.
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    Please remember to put things into perspective.

    1. 100% for every seller, there is a buyer.
    2. OBV suggests that accumulation is still taking place, so relax, they're just wanting to get it a cheaper price. They would have some sort of mandate to do that anyway.
    3. The fact remains that MNS will see some daily volatility, but the fundamental truth is that their NY factory is now fully funded, not just to start, but to fast track into production.

    So many companies have SP moves on hearsay, on pumps, on mass speculation, but when you have a sound business that is on a certain and solid trajectory to make money in a very hot sector right now? I can sleep soundly knowing that their books will do the talking.

 
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