MAE 0.00% 0.0¢ marion energy limited

cutting it fine or going under

  1. 4,837 Posts.
    Is MAE just cutting it fine or are they about to go under????????

    20mil options are in the money, if they dont get converted today then it is of serious concern as it would suggest that directors have little confidence...not to mention MAE must have virtually zero cash!!!...I expect that without news today the sp could be sold down harshly this afternoon.....

    Debt due next monday, that paperwork looks like it may have hit a snag!!.....how can anyone have confidence in this company is beyond me.......

    I have changed sentiment from "sell" to "short term sell" as time is running out......
 
watchlist Created with Sketch. Add MAE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.