1MC 3.13% 3.3¢ morella corporation limited

Ann: Altura Completes October Shipments of Lithium Concentrate, page-60

  1. 8,740 Posts.
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    I don't think you're getting what I am trying to explain and you tend to only want to discuss other companies on this forum rather than that of AJM

    Perhaps you should make some enquiries with the company you're invested in.

    Let's focus on the capital raising of 6 cents per share whilst the share price is at 5.7 cents and looks to go much lower next week.

    Has any explanation been made by the company as to what occurs if this capital raising is unsuccessful and also, why was the offer not underwritten? - Was there no confidence from any parties to do so?

    Some tell me that it is unlikely that Altura will last very long post a failed capital raising, and I am wondering if they get past Q1 next year.

    You never answered my question @curiouser27

    Did you, or do you intend to partake in the 6 cents capital raising whilst the share price sits at 5.7 cents.

    Yes/No

    ?
 
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