re: watch this space
Let's get the facts straight on this stock: 1. The run up in the stock is not takeover related but more very positive well test results. 2. Once the results of the 35 wells to be tested in CY 2006 are out, then the management will actively solicit takeover bids for the company. If the reserves are as good as predicted, then upwards of $5 per share in a reality. It is expected that Marion2 will be floated after Marion has been sold. 3. Don't ignore Odessey Energy(ODY) which is a joint venture party with Marion on several projects. This is a tiny company and therefore the share price upside is even greater than Marion's.
"And I so advise"
MAE Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held