MAE 0.00% 0.0¢ marion energy limited

where's the news, page-2

  1. 1,387 Posts.
    hey tim,

    volume is quiet low, on a very poor day,

    what does that tell you? that no one is prepared to sell it any lower.

    even a shocking couple of days on the boarse, hasnt really moved MAE, as its sold down so far, that all who would leave the building have, and those on board now, have priced in the rewards at these levels far outway the risks.

    I'm sure that if and when we get a progress announcment, on a brighter future, that the sentiment which is priced in atm for extinction, will seen some sun shine, and re-invention, new optimism.

    For mine, it presents the trough low, and entry point that if you take a view, that mae will survive, there is some substantial upside to be realised.

    If you take the other view, that its curtains, then stay away.

    But mine says this is a cat that has many lives, and worth the punt at these levels.
 
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