MAE 0.00% 0.0¢ marion energy limited

could be back to 70c, page-7

  1. 7,809 Posts.
    Some of those posters were saying that MAE was about to be actually taken over at ~ $4.50 (within the month or next - at the time of the posts beng made).
    Because the story sounded good to us it doesn't mean it was true .

    Maybe it will play out like that in time, but even Patto's says it could be worth ~ $2.50 . A very good return on our investment .
    It is the reason that I continue to hold whilst GS are involved . MAE are actively following a strategy with a goal of potentially selling the company .

    But it is a dud market for shareprices, atm . eg Look at NXS -farms out 25% of one project for over $300 million . The reality is there are some big companies out to secure gas supplies for the long term .
 
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