1MC 0.00% 4.4¢ morella corporation limited

Ann: Trading Halt, page-47

  1. 233 Posts.
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    "A key focus for Altura is the strengthening of its balance sheet to ensure it is appropriately capitalised and ready to take advantage of the improving fundamentals of lithium and the wider EV market. The Company is currently engaged with several parties to pursue these options, which include both debt and equity
    discussions, via its appointed adviser Azure Capital. Altura will continue to update the market in relation to these matters as they evolve, however notes that no transaction is guaranteed to occur."

    Perhaps another lender has offered a better deal with the help of azure capital and the current lenders are willing to match that offer??
    Anything could happen here im leaning towards good news yet wait and see..
    gltah cheers
 
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