MAE 0.00% 0.0¢ marion energy limited

I've done a bit of kicking around & it looks good for mine so it...

  1. 436 Posts.
    I've done a bit of kicking around & it looks good for mine so it wasn't a hard decision to jump in at mid 50's, I don't think it will get there again in a hurry with Directors well noted for having purchased around the 70c mark several times and most of the past years trade (80 - 90%) above that 70 cent mark makes anything under that a real bargain IMO. With the fire sale thats occuring now I wouldn't be suprised if it did drift mid fifties again - but I do doubt it. A lot of fish are looking at the bait from the safety of the coral. Once they see other fish eating freely, out they will come - for thier share. First in best dressed at these prices.

    Yes, I'm now a biased holder - so DYOR

    Cheers

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