MAE
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0.00% 0.0¢ marion energy limited

Havent looked at Mae for a while. $360mil fully diluted. More...

  1. davo22
    4,837 Posts.
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    01/06/07
    18:51
    Post #: 2503773
    Havent looked at Mae for a while.
    $360mil fully diluted.
    More dilution coming? Most likely.

    Simplistic comparison
    MAE 20x the market cap of ELK.
    Elk producing over 300BOPD
    For MAE to be equal value to ELK it would need to be currently producing over 6000BOPD.
    Dont even mention potential as ELK has got heaps more
    Cheers
    MAE Price at posting: 0.0¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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