MAE 0.00% 0.0¢ marion energy limited

reasons for a bounce, page-5

  1. 8,606 Posts.
    Point 7) i forgot to mention.

    The gas price is low. That makes us attractive.
    Huh you ask?
    Noone will want to fork out millions for trackning dopwn new gas discoveries will they. They would prefer to have a discovery that was already there but discounted according to the market.
    So where would they look for that company?

    I know one...And almost every cash laden US gas company with a desiure to expand into our areas has us in their sights. You bet your bottom dollar on that.

    Oh and point
    8) We could still be offered a lot more than our current shareprice for the reasons i stated in my above post, so unless I checked them out, i could never be justified in saying that i had considered everything.

    PS: posting for the forums reason, not mine, and i will happily clamp up given the persuasion.

    Cheers.

    L
 
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