MAE 0.00% 0.0¢ marion energy limited

time running out

  1. 4,837 Posts.
    for all those who keep ramping a sale in the very near future on favourable terms...MAE track record for selling things is not good.....remember may last year when they mandated Macquarie to sell their Oklahoma assets at the top of the cycle.....Nothing.....where is the cash????.....it is most likely that there will only be a sale as a result of desperate actions at desperate prices..
    so looks as though a capital raising in the short term is likely and then hope that the shareprice holds up (unlikely if no announced progress) so that the options are exercised....Dont be left holding this thing if/when the clock stops, becouse it will implode....
 
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