Australia's largest stock trading and investment forum Australia's #1 stock forum

MNS

Click for more information

0.00%

4.2¢ magnis energy technologies ltd

Glad to hear it. Looks like the earlier 2021 highs are about to...

First 1882 Last

Share
Profile

Follow
da10bagger

794 Posts.

38

27/10/21

19:51

Post #: 57124501
Share

Originally posted by joeycloud: ↑

Based on the detailed trade data, it was very likely a single buyer blitz purchasing around 5 million shares this afternoon (~$2 mil).

There's definitely more exposure of IM3 and C4V in the coming few days over in the states through various conference appearances and upcoming collaboration so maybe they're anticipating for a re-rate within a shorter timeframe, or insider info telling them to soak up as many shares as they can at these prices...might tempt daytraders to join in the excitement and increase volatility again...(not a fan of the upramping poster with those over already hyped price predictions). Let the project earn it's re-rating through progress.

Anyway holding steady for rest of 2021 and focus on the 1.8GWh milestone next year.

GLTAH

Expand

Glad to hear it. Looks like the earlier 2021 highs are about to be history.

MNS Price at posting: 43.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

STX

Strike Energy secures $153 million for Perth Basin gas projects

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

There are more pages in this discussion • 6,517 more messages in this thread...

First 1882 Last

Add MNS (ASX) to my watchlist