Mad Max
appreciate your comments, however how would you feel if:
- you were a director feel and were receiveing shares at 23c ($1mil) for the given targets
- your were a sophisticated investor at 15c ($15mil), with the share at 5c and getting your kicker option at 25c
- your were buying oppies on market (25 centers) at 2:1 conversion, given current trading
- you are a part of the "softly spoken" "intuitive group" who are a major group of shareholders who have supported the stock no end
- if your were ODY, with a cost base of 80c per share
Not going to happen my friend
As KK has recently stated, market forces hes determined the value of MAE. Even with some recent sell down from some instos
anyone got an update to top 20..??
shareholder value lies, and will be unlocked with the performance of JS, and ultimately GAS FLOWS
as i have written earlier, imagine 1mmcf announced, 3mmcf.... again, per RB, these are our conventional flows... so correct...
then, what about the unlocked, forgotten value of Shale play... plenty more to come....
however not immeadiate, it will come in due course... less then 12 months IMO....
Cheers and good luck if you get back in...
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