MAE 0.00% 0.0¢ marion energy limited

IMO the rumour of a $30m RI at 3c or 2c has become common...

  1. 277 Posts.
    IMO the rumour of a $30m RI at 3c or 2c has become common knowledge... seriously, what would prompt people that had held till now to dump unless they were doing it in light of the imminent RI.


    $30m will pay some debt and provide JS with sufficient cash to prove once and for all if the wells can be saved.....

    Unless you participate in the RI your investment is basically gone..... its now the decision to invest to protect or write-off..... I for one will not throw any extra cash MAE's way unless there is flows before the RI exercise date.

 
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