MNS 0.00% 4.2¢ magnis energy technologies ltd

General Discussion Topics, page-6838

  1. 1,820 Posts.
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    Shorting and rorting. Come on... The reason the share price is getting lower is because
    a) there is no product for sale
    b) they cant even get the most basic certification
    c) There are no specs out on the battery or its performance (I mean real verified ones not im3alltalk fluff)
    d) their one possible customer does not seem to have any money (will they do them on consignment? What a joke that would be)
    e) the tech is old no-one wants it. Even the old fluff performance figures show that LFP far outperforms it now.
    f) How much does one of these batteries cost? No-one knows.
    g) they are using old second hand equipment there will be breakdowns mismatches
    h) no line of credit. The money has almost run out before and will run out again.
    i) No credibility in any market. etc etc.
    It is a mess and always was.
    Amateurs trying to play above their ability.
    Smoke and mirrors
    watch out punters
    DYOR IMO
 
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