MAE 0.00% 0.0¢ marion energy limited

burtgamblerthe buyers at 2c are not appearing on the buy side....

  1. 4,863 Posts.
    lightbulb Created with Sketch. 177
    burtgambler

    the buyers at 2c are not appearing on the buy side. They are waiting for a build up of avaialble stock at 2c before showing their hand and buying.

    It appears that the 2c is current support.

    I can only assume that the bank and backers did their homework on the stock before offering support.Lets give it a month or two before condemming it. If/when gas flows will be the test of survival and gains to be made.

    Interesting that all those negative posters hold no stock but enjoy doing extensive research. Motivation .... Who knows?

    Buyers of the stock surely must see some value otherwise why invest!

 
watchlist Created with Sketch. Add MAE (ASX) to my watchlist

Currently unlisted public company.

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