MNS - Magnis Energy Technologies

farmerge said:

@Sean K so with a history like this what will the penalty be, a slap on the wrist or sometime akin to a pile of granite rocks and a sledge hammer????

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mullokintyre said:

We often hear about the nimble potential of Australian companies.
Unfortunately, its eems that there are just as many nimble get rich/lose money schemes in Oz Tecnology.
This seems particularly so in the alternative energy secto.
Fresh on the heels of the failure of EV Charger manufactruer, Tritum, Refflow Batteries going into Administration, we now hear that Magnis is in severe trouble.
from Evil Murdoch Press
View attachment 185962
So far, no batteries have been made.
Does not look like it will still be around next year.
Mick

Click to expand...

mullokintyre said:

We often hear about the nimble potential of Australian companies.
Unfortunately, its eems that there are just as many nimble get rich/lose money schemes in Oz Tecnology.
This seems particularly so in the alternative energy secto.
Fresh on the heels of the failure of EV Charger manufactruer, Tritum, Refflow Batteries going into Administration, we now hear that Magnis is in severe trouble.
from Evil Murdoch Press
View attachment 185962
So far, no batteries have been made.
Does not look like it will still be around next year.
Mick

Click to expand...