MAE marion energy limited

quarterly expectations, page-10

  1. 4,572 Posts.
    lightbulb Created with Sketch. 8056
    That wasn't what I meant NTaylor.

    What I meant was that management knew the sp would be punished last Jan 31st, so they saved their bacon announcing the finance just prior to the Quarterly. I'm not saying it was a good practice, just that they were mindful of the ramifications it would have on the sp if nothing was in place going forward.

    Obviously income wont be very good this Quarter, and so I think (just my thoughts) they'll announce something about the line of credit + due date just prior or with this Quarterly.

    With Marion it's not very often the sp rises prior to the release of a Quarterly, especially when blind freddie can see the outgoings are going to far exceed the incomings..... something is in the wind!
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.