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4.2¢ magnis energy technologies ltd

ASIC sues, page-121

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emugrasshopper

705 Posts.

141

16/08/24

11:22

Post #: 75235815
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Originally posted by Slogger: ↑

i agree need change in board to get any mileage from here - too many management 101 errors that will spook the a class financiers IMO and the fact that the word of Upretti allegedly was taken as being gospel when they should have been in a position to identify red flags does not give IMO confidence that management has what it takes to progress a project of that magnitude.

compare WKT management and where they are to this shambolic company - first mover adv gone from here so will be playing catch up and there construction few more years - do i have faith in current management and the alleged shadow officeholder - no i do not!

if not for the persistence of AP then this would have rolled on and SH's none the wiser (given what is ANN'ed compared to the now reality) and probably in deeper sh**! - if that is at all possible. all imo

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yes well said. But its too late for board changes to stop this time bomb exploding. Let’s hope the Gov takes the OAM from Director Giles and bestow upon AP.

Last edited by emugrasshopper: 16/08/24

MNS Price at posting: 4.2¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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