MAE must sell their assets to the highest bidder as debt expires shortly and revenue is insignificant at current flow rates/gas prices.....lets hope that the final price will be high enough that shareholders receive a return after debts are paid out.......Directors should be getting nervous the way things are going, it sounds like the current quarters challenging environment will have sucked up a significant amount of that extra debt that was made available at the start of the quarter.....could they now find themselves in a position where there is no cash left or debt available for next quarter?????...
Would the last one to leave please turnoff the lights!!!
- Forums
- ASX - By Stock
- asset sale
MAE must sell their assets to the highest bidder as debt expires...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)