MNS 0.00% 4.2¢ magnis energy technologies ltd

However, ASIC alleges that by at latest 25 January 2023, Magnis...

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    However, ASIC alleges that by at latest 25 January 2023, Magnis and Mr Poullas were aware that these claims and predictions were inaccurate, and the plant at that time was struggling to produce 300 battery cells per day using primarily manual, high cost and slow production processes.

    Notice the shareprice started to fall in January 2023. It's not a coincidence when most investors didn't know what is happening at the factory.
 
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