MAE marion energy limited
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current state of affairs, page-3

  1. hcraboc
    2,938 Posts.
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    22/09/11
    17:19
    Post #: 8996822
    The current State of affairs...
    The finance method of last resort is being used to keep the doors open. Watch out for more Appendix 3B's and LaJolla dumping their shares.

    At the current share price, any capital raising will mean serious dilution for current shareholders, and a reduced upside.

    I strongly suspect these directors will do exactly what they did with a previous company that they had.
    COHO Energy.

    It went bust.
    MAE Price at posting: 0.6¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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