re: gas prices
There has obviously been a reasonable sized holder trying to exit Marion, but he/she doesn't want to throw the shares away below 24c. This blocking sell depth has caused the normal smaller people exiting to accept lower prices. With the dow down so much tuesday night, I think there was a bit of panic selling yesterday, even though the asx didn't close down that much.
The company's lack of updates doesn't help, people looking to top up such as myself, will just sit on the sidelines until there is some direction through announcements.
Looks like its just a waiting game, though I get the impression when things do start to hot up, it'll happen fairly quickly.
MAE Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
