MNS 0.00% 4.2¢ magnis energy technologies ltd

Hi deeman, I know what you mean but best to forget the...

  1. 235 Posts.
    Hi deeman, I know what you mean but best to forget the shareprice as such and concentrate on the valuation/market cap. The float is tight, extremely tight so really anything can happen. I certainly would put an 80% chance of us reaching A$2.70 within the next four trading days.

    As I said a few weeks ago Uranium investors will migrate from the 'market promotions' into the handful of companies that are, in all probability, going to deliver the goods. I'm not joking when I said in a three to five year time frame this could be a A$100 stock. It is after all a junior in an extremely volatile sector, a sector that the market has yet to get a grips with. As ever - it will completely overshoot..................should be a lot of fun.

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