MNS 0.00% 4.2¢ magnis energy technologies ltd

that's fair enough @TheBigDance, I can appreciate those thoughts...

  1. 1,109 Posts.
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    that's fair enough @TheBigDance, I can appreciate those thoughts on Im3ny. I too was willing to wait until the listing before it got delayed. Patience will probably do well for you.

    I'm probably a little more pessimistic then some, and would say the 50m loan doesn't instill as much confidence as one would think. Mainly due to the interest rate. I believe if they had all the numbers and it ticked all the boxes we would see an interest rate of less than 10 percent, possibly 8 percent if they were really confident.

    The 12.5 percent interest rate says to me Roverstone aren't too sure and are treating it as a very speculative company.

    in regards to naming winners, I agree. Can't say every stock I have picked has done well. We as investors can't foresee everything. It was more to show a comparison between raw materials and battery makers. Cheers.
    Last edited by FreeflyerNZ: 05/10/21
 
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