MAE marion energy limited
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what price for sale ?

  1. jamie67
    682 Posts.
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    01/07/09
    18:58
    Post #: 5345938
    The finance arrangement today has the strike price of the options of 37.5c.
    Does this suggest any potential sale price will be closer to 50c than $1.50 ?
    My thoughts would be if sale looks to be say $1.375 the profit over the strike is 10 million dollars - that is a fantasic return for a 3 month extension and a increase of 6 mill in the line of credit.
    Am i reading too much into it ?
    MAE Price at posting: 25.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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