I'm not a very sophisticated investor. I bought magnis shares when a mate of mine told me to look into the company in 2022.
I saw in the last quarterly report that magnis had only 0.21 quarters of cash left. That was at the end of 2025, and 0.21 quarters is less than 1 month.
Now that we're in Feb 2025 - how much cash would magnis have left? Is there a chance that magnis is trading while insolvent? Sorry if I've got this wrong but that's ho wit appears to me.
I'm not happy about the money I invested in this stock, but I have also told myself that the money is gone. I hope all other investors are not too down about this investemnt also.
I'm not a very sophisticated investor. I bought magnis shares...
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