1MC 3.23% 3.0¢ morella corporation limited

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  1. 18,980 Posts.
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    Thank you for this information RockZ.
    Interesting and much appreciated .
    It confirms the Chinese report that the remainder of the JRO Holding is 253,700,000 shares .
    ....Which it ‘offered’ to sell for a bottom line of around $30 million (9.5c a share )..... but if the price falls to 8c (or below), that may compromise it’s hopes .
    At 8c a share the ‘job lot’ would cost around $20.3M....... not a bad deal for 11.82% of a producing lithium company .

    Maybe ‘They” (the mystery buyer ) will settle on price of $25M?

    And as far as Nameplate goes,
    I am feeling that there is no way that Altura has NOT got the Nameplate well within it’s grasp the moment it chooses to push the ‘official’ button.

    But what’s the point of doing that into current uncertainties?





    .....But now a 25 million trade? (Shares as opposed todollars!)
    JRO selling on market again?
    At what price please @arjay?
    Cheers
    Last edited by sabine: 20/06/19
 
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