MNS 0.00% 4.2¢ magnis energy technologies ltd

Management, page-76

  1. 18,816 Posts.
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    Firstly, I don't know specifically whether the article is true or not.

    Secondly, I don't know whether it relates to MNS or another company he may some relationship with.

    And thirdly, I don't know whether the focus of the visit (assuming the article is correct) was on Frank or another member of his family.

    I think at this point in time, there are too many unknowns.

    Having said that, one should note, ASIC does not usually come to your office or home for a social chat.

    They usually come with a court warrant, seeking to seize something - eg. the computer/s and the information contained within.

    For trivial matters, they will just send an email or emails to get answers from you or your company.

    IMO, MNS need to issue a clarification statement; now that the matter is out in the open.

    Otherwise, the market will jump to all sorts of wild speculations.

    And good luck to existing holders.
    Last edited by Cosmoterios: 03/10/21
 
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