1MC 2.27% 4.3¢ morella corporation limited

Ann: Shipping and Operations Update, page-16

  1. 3,740 Posts.
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    Why tell us this now, it’s like they’re trying to jump on the momentum and pump up the SP - only two reasons to do so 1. Defend against aggressive party buying a large stake of the company 2. To facilitate a capital event be it a raising or to minimise dilution from a JV or similar.

    Again, you have to ask why they’re deviating from a prior minimal announcement comms model to a repetition of prior guidance before the quarter is even out...

    Smoke absolutely pouring out of this one now...
 
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