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4.2¢ magnis energy technologies ltd

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TopSahara

8,129 Posts.

551

11/06/23

10:50

Post #: 68236618
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Originally posted by Amit9997: ↑

Does not really matter, They are not producing batteries to sell it to Tesla. They are producing batteries to capture Indian Market. Indian Market is growing faster than any other economy in the world. So, their strategy is right. Just wait and watch. With Tesla their going to sell AAM. So, they really tapping at right places. Also remember they have HSBC engagement go get them a debt deal with valuation of $1.3B. 26% share in JV in India for free will give them heaps of revenue as well.

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"""Also remember they have HSBC engagement go get them a debt deal with valuation of $1.3B."""

RATFLMAO at when that's going to happen.

MNS Price at posting: 18.0¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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