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0.00% 0.0¢ marion energy limited

Ann: Agreement with Castlelake, LP, page-9

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  1. Macleod22
    4,855 Posts.
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    15/07/14
    22:33
    Post #: 13664600
    The announcement gives no indication that any asset has been sold.

    No details have been supplied regarding the forebearing agreement. I assume that this agreement provides time for Korda to seek new finance or a buyer of assets. Either option will allow TPG debt to be cleared.
    MAE Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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