MAE 0.00% 0.0¢ marion energy limited

maeoa, page-3

  1. 2,912 Posts.
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    Watch the short term traders go for MAEOA.
    I think the price paid for MAEOA could be quite high 1-1.5c a real possibility.
    What this will do is draw many MAE punters to the options and away from the heads.
    This will create less demand for the heads, or even people swapping their heads for the options, if the price is cheap enough.

    This stock is a real punt, so buying MAEOA in many ways makes better sense than buying the heads.

    The downside is, volumes on the heads will decrease, and the opportunity for the sophisticated investors, TTT and La Jolla to exit without driving down the share price will be more difficult.

    I think we will soon see the heads go below 2c, while all the trading action will happen with the options around 1-1.5c

    Sentiment.
    Heads a sell
    Options a short term trading buy at 0.6c or below.

 
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