MAE 0.00% 0.0¢ marion energy limited

wake up and don't be fooled again, page-11

  1. 8,606 Posts.
    This is why the shareprice went down yesterday IMO - a typical MAE leak.

    I can forsee sub 2c shareprice now - the settlement and legal costs could exceed $10million IMO seeing as this case has been on the boil for years!

    If the company had announced this stuff then i expect noone would have stumped up cash for the last two raisings - now you know why the institutions/creditors would have given MAE Directors the old facepalm if they asked for more money recently.

    Disgusting. Absolutely appalling that ASIC haven't charged these guys with non-disclosure and banned them from running companies again.
    Quite sickening and i feel sorry for all holders who will sit and hold onto the share while waiting for the full settlement cost...

    Thats a true Texan mentality for you - 'stuff you, i'm allright Jack'.


    L


 
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