MAE 0.00% 0.0¢ marion energy limited

ody and their 8%of mae, page-4

  1. 987 Posts.
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    Good strategy and foresight,RAM.
    With ODY holding such a large parcel of shares in MAE one would suggest that 80cents would be the minimum placed on the table. ODY would at least be looking, like us all, for a profit, so $1 - $1.50 might be acceptable to them for their 27.5m shares....maybe even more! Remember, GS has no doubt had ODY and the other major shareholders sign a document to indicate that they would not make a counter move should a bid be made. ODY needs money to progress its other mining interests and this is the best way to get it. Bernie
 
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