MAE 0.00% 0.0¢ marion energy limited

sydneybound, yes that is true but you have to look at the...

  1. 1,511 Posts.
    sydneybound, yes that is true but you have to look at the situation we (think we) are in here....

    Hold 2 million shares.

    MAE gets taken out at $3... thats $4.6 million profit from today's price.

    In this situation the CGT discount is worth over $1 mil to your pocket.

    With a takeover "expected" to occure by end of the year, $1 mil is a large sum of money to turn away for the sake of selling out to do a quick trade elsewhere before buying back in.
 
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