hcraboc - I expected a lot more from you. Past history - Really! Time to take a step forward and face reality, no matter how difficult this will be.
However you have made some, well a few, valuable contributions to this forum which I and others have recognised. Having a relative in the business helps. So let's not get excited. Holders should keep in mind that relying on one compressor is a disaster when, sorry, if it fails. No gas goes into the pipeline. Gas prices may well plummet despite the need to replenish USA reserves before the next winter (get the figures for this). Financiers may well sink MAE to recover their losses rather than realise their profits. It could of course be the last gasp from these ancient wells a few weeks before they breathe their last gas. Water levels may be so high that a dingy will be needed to bring the gas out, bucket by bucket. Shareholders may well revolt and vote against all the resolutions at the AGM preferring instead show the past Board what they think of them by making sure MAE fails. Told you so! Then there is the dilution.
I am sure I have not covered everything and rely on fellow posters with greater knowledge, expertise and motivation to fill in the gaps why any positive news from MAE is but a negative in disguise. Why accept 75% of something when you can have 100% of nothing.
MAE Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
