MAE 0.00% 0.0¢ marion energy limited

stevenjd,the balance sheet tells the story.This is a company in...

  1. 6,655 Posts.
    stevenjd,the balance sheet tells the story.

    This is a company in crisis.

    I do not use the word dire loosely.

    If I had financials like this in my business,having to negotiate terms of payment to my creditors-like trust me-I would be ashamed.

    I reiterate,these financials are a disaster.

    I would love to see a positive here,alas there are none.

    Everyone on this forum knows that I have been staunch in the defence of the directors.

    No more.

    They 'buttered us up' with the the vague promises and then kicked us in the proverbial with the facts.

    The facts are shocking!!!

    With the high powered 'team' we have on board I expected better.

    Any business person worth their salt,who can read a balance sheet,would not be buying into this.

    Sorry cg,I haven't turned bro,and will not downramp to make myself look 'smart'.

    Hold by all means and my best wishes are with you all(holders).

    The sp now will flounder as it has been for a few weeks now.

    Even for a speccie this dangerous territory now.

    Good luck bro's.


 
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