1MC 3.23% 3.2¢ morella corporation limited

An unholy Trinity: USD 125m < 10 mths to resolve....., page-170

  1. 92 Posts.
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    Hello @zoomyjeff,

    You state:

    ""“Recent product pricing has remained in line with previous quarters" March and June quarters has been around US$600 per tonne."

    Exactly right so, any price below USD 600 per tonne would mean that AJM management lied to us.

    A price of USD 560 / tonne is almost 10% below and clearly multiplied by a large volume a material impact to AJM's bottom line.

    I am sure ASX would be very interested in potentially investigating misleading or deceptive conduct by one of their listed entities if this turns out to not be true. AJM when they made this statement in October would have been 100% cognizant of pricing was in September.

    Let us all hope AJM management is being truthful. The market is telling us something is wrong here.

    Pink.
 
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