MAE 0.00% 0.0¢ marion energy limited

chomping, page-7

  1. 7,809 Posts.
    If you take into account that Professional analysts applied around 50-60 % discount on reserves and revenues pre Greenhouse mania,
    and assume an ever increasing trend towards Natural and CS Gas use in the US,
    and understand the amount of long life wells that are able to be supported across the MAE portfolio,
    then I think a sp closer to $2 is most probable Afroboy, without targeting an actual price .
    I can envisage the day soon when previous highs are made cheap .

    I actually believe there is very little free float available in MAE . Sometimes that may be boring in relation to the sp activity . But the fundamentals are looming large with MAE and I reckon the big holder know very well and are not selling this cheaply . Look at the volumes mate . Yawning but most definately not selling or trading away my position .
 
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