MAE 0.00% 0.0¢ marion energy limited

alecfra, page-12

  1. 1,511 Posts.
    sydneybound, yes that is true but you have to look at the situation we (think we) are in here....

    Hold 2 million shares.

    MAE gets taken out at $3... thats $4.6 million profit from today's price.

    In this situation the CGT discount is worth over $1 mil to your pocket.

    With a takeover "expected" to occure by end of the year, $1 mil is a large sum of money to turn away for the sake of selling out to do a quick trade elsewhere before buying back in.
 
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