MAE 0.00% 0.0¢ marion energy limited

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  1. 5,217 Posts.
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    ODY is made up of the same people that rejigged Carpenter into MAE....they are very smart fellows.....smelling the opportunity to capitalize on the eventual sale of MAE...do not want to be left with a small % interest in a gas field operated by another USA operator....IMHO they are taking the short route to cashing out.....expected now before xmas,....the fact thay they are to receive vendors (no marketable) is of no matter to them as they are all the same when it comes to a sellout....I do notice that it is subject to shareholder approval....this will be a much illuminating event to say the least.

    meanwhile owning a 100% should attract a slightly more premium....so in the end its a win win for all
 
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Currently unlisted public company.

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