MAE 0.00% 0.0¢ marion energy limited

mae & ody, page-21

  1. 290 Posts.
    G'day Vendor

    I appreciate your understanding. It was one of the frustrating posters, who opened this thread, that said there were 60m shares. I multiplied this by 40c to get $24M..it was not a guess - but based on incorrect information. The market cap did seem extraordinarily low to me. My "guess" was in presuming this person may have got something right for once. I should have known better. A debt figure of $25M has been mentioned in these threads several times previously, so that wasn't a guess either.

    Thanks Max...as above, I relied on incorrect information in assessing why you would wish to be in ODY rather than take a direct stake in MAE. I should have known better - I do know better. Good luck to you.

    Regards

    GH
 
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