MAE 0.00% 0.0¢ marion energy limited

Banks aren't in the business of doing a due diligence to...

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  1. 3,454 Posts.
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    Banks aren't in the business of doing a due diligence to establish whether they can make a better profit on realization of a distressed asset.... They get some kind of offer, they take it.... Banks are accountable to their shareholders, they don't make those types of strategic decisions, once a loan/asset is bad, they make provision for it, and get rid if it...
 
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Currently unlisted public company.

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