1MC 3.03% 3.4¢ morella corporation limited

Ann: Shipping and Operations Update, page-53

  1. 3,561 Posts.
    lightbulb Created with Sketch. 771
    Lets keep this real, simple and positive..

    Record production
    Record shipment
    Record recovery
    Someone brought 250 m @ 10 c yesterday
    Someone just wiped 2.5m@ 13 c now
    Management saying successful meeting in China
    VIP visiting factory and more to come..

    We are in better position than 2 days ago. Let the sellers come, management is doing what they can and we cannot do much except to hold even if this goes red again. Trust the management who has got lot of skin in this company and lets wait for good times rather then being happy with 30% upside now or worrying about sellers. Remember our high was 50 c , so we are long way off a decent recovery.....

    IMO
    Arjay
 
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