MAE 0.00% 0.0¢ marion energy limited

Ann: Prospectus, page-24

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  1. 23,832 Posts.
    lightbulb Created with Sketch. 725
    Some of you guys are beyond clueless

    Your real gripe is you have been diluted to hell, as the prospectus shows the new investors (Otsana + clients) will hold 75% of the company and out of bad taste and spite you stick around to slag the company off with not even the slightest fundamental analysis or understanding

    If you think Otsana and their clients are tipping in $3.6M for Agenda which they are acquiring for just $50K, you are a lemming - plain and simple

    They've selected an asset with no downside risk, that they've acquired for peanuts, that will expedite the relisting and in the process has got all friendlies set - connect the dots

    And if you are really slow and don't believe other assets are the real end game, try reading the prospectus:-

    image.jpg

    $50K being spent of Agenda, yet $300K spent on acquisition opportunities and the bulk on cleaning up the shell, recapitalising it and getting it deal ready

    It's clear as day Otsana have something big lined up for this. There are tech shells with less cash getting around at $3-5M EV's and you are laying the boot into MAE for coming on with a $1M
    EV after reconstruction - on your bike
 
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