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MNS - Magnis Energy Technologies

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greggles said:
MNS on fire so far in January. It ended 2019 at 8c and hit 20c today. Volume has been increasing every single trading day this month.

Does anyone have any idea as to what the catalyst might be for the big share price gains so far this month?
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Hasn't been any Announcements, but MNS has had a few good days, albeit from much lower base.

Any ideas as to the catalyst this time?

 

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Have a look at this mutts chart for the last few years, its been doing that for a long time, they have nothing, its a few burnt holders ramping and hoping.
 
Well, I bought a small parcel yesterday, and then today bought 2x yesterday's small parcel.
Even old dogs get up, sometimes.
Chart since Friday say's it all.
Current trend, up.

F.Rock
 
You must get out the second it starts to drop, it will go back under 5cents at the end of this ramp.
 
looks like this puppy's run out of cash, this could be a long TH.
 
This puppy has dun this many times over the last three years, one only has to look at what they have acheaved, nothing, this mutt is a traders dream come true.
 
We will never know what Dr Frank Houllis did? I wonder what rumours are flying around? I wonder if Dr Houllis was unfairly dismissed or he really messed up?
 
Dona Ferentes said:
Very terse Announcement: (at 4.44pm on a Friday)

View attachment 108068
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I'll cross Ross Creek in the Arnage tomorrow morning and take a drive up Denham St. to the North Queensland Club for lunch and see what I can find out.

Dr. Houllis was in Townsville a few days ago. MNS is a third partner in a big battery outfit starting up in Townsville.

I also have a crook elbow, so I can kill two birds with one stone if the good doctor is there.

gg
 
Looks like they are out of money AGAIN.
 
I have chosen MNS as 1 of my 4 picks in the Tipping Competition for Full CY 2021, only looked at the charts for my picks. Thought I'd post a quick chart recording my thoughts at this time.

5 months ago (July 2020) price showed good momentum, stronger than XAO at the time and with increasing volume. This has finally moved the Short term MA above the Long term MA, 1st time in nearly 4 years.
Price has pulled back a little and gone sideways over the last 5 months but still hasn't closed below the 50% level of the move up from the low in June giving me a some hope it will hold.

Can it get back to towards the $1.00 level by the end of the year? I don't know but it needs to get a move on and if it does it will be a great return.

 
No way its EVER going to get back to the $1 mark, do feel sorry for the family's who have been sucked in to buying this dog, one only has to look at what they have EVER achieved, and then look at EVERY time line, never has meet one of them.
 
I hear you @uniden and you are most likely 100% correct. Thanks for the warning.

I had to pick 4 Stocks for the Comp and I just quickly looked at the charts, didn't read up on them as I didn't have the time. I only need 1 flyer to put me in with a chance so if it's not to be this one, so be it. Not a holder.
 
Have a look at the staff turn over, would be hard to find a company that has hired and fired as many top staff.
 
debtfree said:
Can it get back to towards the $1.00 level by the end of the year? I don't know but it needs to get a move on and if it does it will be a great return.
Click to expand...

Well, MNS has broken out, so it's well on its way. Two big days of high volume and share price gains. No announcements have been released since 5 January so it's hard to tell what's behind the recent price action.

I'm expecting an ASX Price & Volume query, as this will probably come up on their radar.

 
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