MAE 0.00% 0.0¢ marion energy limited

Production woes are always a concern to investors and management...

  1. 436 Posts.
    Production woes are always a concern to investors and management alike, with any hick-ups now needed like an extra hole in the head and generally, its about this time they occur. Therefore, I share some of your concerns and can't pre-empt the next announcement, which is becoming fairly due. However, I believe news will be on the up side - and I base that opinion squarely on recent directors' puchases at the 57c - 60c mark. They are in the position to best judge what is occuring or about to occur and probably hate buying shares with the rigmarol they have to go through now-a-days, they run the show and should they believe the news concerning production to be adverse why would they spring for more? Marion are a risk and there will be hurdles along the way, (I call them trading opportunities) but the upisde (for mine) out-weighs the downside, and I can still smell money. As usual - DYOR first - possible / probable ramblings from a biased holder.

    Good luck & Cheers!

    Always surf'n the clouds - search'n for blue sky....
 
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.