MNS 0.00% 4.2¢ magnis energy technologies ltd

If that’s the case (I still don’t believe it is), why don’t they...

  1. 1,971 Posts.
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    If that’s the case (I still don’t believe it is), why don’t they put a line in the announcement saying “we now believe we can scale up to 3GW and complete stage 1 for approximately ‘x’ USD instead of $130m”? Why wouldn’t you revise the $130m figure down?

    Given some of the ridiculous things they’ve put in announcements in the past, you’d think that’d be the most logical piece of information to disclose?

    I have nothing against MNS, and certainly nothing against you. It’s just money, I’m playing the stock rationally and I’ve made the right calls. It’s the holders who tend to display anger... as I said earlier if I were envious and therefore bullish I could buy the stock today at a 60% discount to the ATH. It’s just not true.
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