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Why is Magnis Energy saying they're in a Trading Halt? — ASX:MNS| ASX Mining News & Discussion
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Lykeshares Official
$MNS Why is Magnis Energy saying they're in a Trading Halt?
Magnis Energy Technologies Halts Trading, Anticipates Major Disclosure on iM3NY Credit Facility

In a bold move that has piqued investor curiosity, Magnis Energy Technologies Ltd, listed under the ASX ticker symbol MNS, has made an urgent plea for an immediate halt in trading for its securities. This request, according to the company, is aimed at affording Magnis Energy Technologies the essential time required to meticulously prepare a disclosure related to the iM3NY Credit Facility.

Magnis Energy Technologies has explicitly requested that the trading halt remain in effect until either the anticipated announcement concerning the iM3NY Credit Facility surfaces or trading recommences on Friday, 8 December 2023. This announcement will likely carry substantial weight within the market, considering the proactive measures taken by the company to ensure compliance with the ASX Listing Rule 17.1.

The company has affirmed its lack of awareness regarding any compelling reason that might deter the ASX from granting the ...
Why is Magnis Energy saying they're in a Trading Halt?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?