MAE 0.00% 0.0¢ marion energy limited

where are the sellers coming from, page-23

  1. 1,451 Posts.
    its not about risk mate, try off loading 200-500K mae shares tomorrow and you'll drop the sp into the 90's. My point is tha at the moment MAE and ODY are ILLIQUID, its a fact. Everyone here could not offload all their shares now if they wanted to, ody is more illiquid and has smaller market cap. Most people here are hoping MAE will SELL, i believe the likly outcome is a sale. but if they JV or buy assets I don't expect to see $3 SP. If that happens its a long term play and will likely go much higher in 2-3 years.

    ODY is just as illiquid and its main thing going for it is MAE shares. Everything has risk but i think ody has less to gain and more to loose than MAE in terms of risk and thats why its discounted.

    We'll see what happens when/if MAE is sold, one things for sure if MAE is sold completely ODY holders would be better off if it was part of the deal.
 
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