MNS 0.00% 4.2¢ magnis energy technologies ltd

Are you happy with this company or do you want a change?, page-23

  1. 1,808 Posts.
    lightbulb Created with Sketch. 811
    The original "idea" for the Magnis Minnow to try and get into battery cell making was bizarre and never going to fly.
    At this stage changing/taking over the board will make sod all difference imo.
    Maybe they will get some money from instos?
    I doubt it. "Instos" dont make a decision just based on a meeting with the likes of Frank.
    The basic premise for im3alltalk is flawed.
    No technical advantage (the bmlmp cell was never leading edge, 7 years on its a joke)
    Hence no "product" with any advantage.
    etc etc
    Too slow (its been 7 years)
    No industry support either from buyers or backers
    Too small no economies of scale
    Watch out punters
    DYOR
 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.