MNS 0.00% 4.2¢ magnis energy technologies ltd

massively undervalued, page-12

  1. 866 Posts.
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    I’ll give it a go:

    machines need power
    electricity can be used to power machines
    batteries can be used to store electricity (aka batteries are cool)
    magnis plans to make batteries
    because batteries are cool people will buy batteries
    magnis plans to sell batteries for more than they make them
    that extra money is called profit
    people can buy shares in magnis
    if Magnis makes a profit the company often shares that money with the people who hold shares (ie shareholders)

    I might have missed some steps but that is the gist AFAIK

    NOT financial advice. Do your own research
    Last edited by Grapire: 05/11/21
 
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