MAE 0.00% 0.0¢ marion energy limited

Ann: Secures new $6 Million Finance Facility , page-10

  1. 288 Posts.
    MAE just announced not intend to draw any fund at this stage from TTT.This new $6 million Finance Facility is the same as TTT.
    It is the facility available to company but at company's discretion if or when to draw.And I don't think company will ever access to this facility.
    Doing placement is the best option to raise capital as we've seen only 10% shares sold from recent placement.
    Long term investors are our friends not the one keep selling and to get next lot at cheaper price IMO.





 
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