MAE 0.00% 0.0¢ marion energy limited

Volume is low, but it was quite a slide today on low...

  1. 2,923 Posts.
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    Volume is low, but it was quite a slide today on low volume.
    Given the upcoming approval of more shares at the GM, this isn't good.

    If too many convertable notes hit all at once, it can drive the share price down. If volume is low this will magnify the problem. Volume is low, buy depth is weak, if big sellers, TTT, Lajolla, or the Bank emerge, watch the share price tumble.

    Its going to be an interesting 2-3 months.
    They need solid gas or production numbers or the share price is going to come under severe strain.
 
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