MAE 0.00% 0.0¢ marion energy limited

Ann: Marion Energy mandates 333 Capital, page-15

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  1. 261 Posts.
    Capital return to shareholders?


    Bwahahahahahahaha oh, my aching sides.


    We will get zippo from this.


    Question - why bother with consolidation if they are planning to sell the company's assets??

    Answer - so certain lawyers, accountants, et al can charge more fees against a non-income producing entity, that's why. Fees for an exercise that does nothing at all for shareholders, except perhaps give a holder of a million shares an eventual marketable parcel to possibly sell if it ever relists.
 
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