MAE 0.00% 0.0¢ marion energy limited

almost a full retrace

  1. 7,809 Posts.
    ..... since Goldman Sachs were made a part of team MAE the shareprice has gone from mid 60's to mid $1.30's and now almost done a full retrace .
    The bulls and rampers have gone quiet, but management have grabbed ODY assets for scrip, and done a placement for $15 million . I imagine plenty of the bulls and rampers have sold out and may be looking for a new entry point now . I think the new management team will be wanting to get the good flow announcements started soon .

    The next 2 months are the fundamental turnaround months for Goldman Sachs strategy and I suspect the recent highs will be surpassed before that time is up .
 
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