MNS 0.00% 4.2¢ magnis energy technologies ltd

With under so much pressure to show shareholders the money, it's...

  1. 5,736 Posts.
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    With under so much pressure to show shareholders the money, it's interesting to watch. You can't set up a factory, buy materials, hire people and produce heaps amount of battery then not even sell one after 1 year of starting commercial production. It's not how a business, a factory work. So we don't know if they are producing, how many in inventory but we're sure over $100m gone since then. On an announcement of shipping battery, I am interested to know who and how much and if profitable. It's important for a commercial production to make money. This is not a pilot plant awaiting for more money to expand to profitable. For newbies, we're one week from the 1st anniversary:

    https://hotcopper.com.au/data/attachments/5484/5484112-de62de2f2fd889330051d89df4cbd089.jpg



 
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