MAE 0.00% 0.0¢ marion energy limited

voice of doom, page-12

  1. 739 Posts.
    Awestbro, there is a Report on the Marion website Feb 2011, the share price was then 3.5c and had a 12 months risked value of 8c and unrisked value of 17c.

    There was 900 odd million shares on issue and now 1.26 bill or something there abouts.

    Debt has been cleared. No reports on gas flows.

    If they can get gas out profitable then it could go to 5 to 10c.

    10c Would value the company at 120million and 5c at 60million.

    Who really knows but it has that potential.

    It also has the potential to be worth nothing.
 
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