1MC 20.0% 0.3¢ morella corporation limited

Ann: Extension of Voluntary Suspension, page-537

  1. 8,135 Posts.
    lightbulb Created with Sketch. 2886
    if you are going to quote numbers at least have the decency to check the stated figures available.

    AB holds 459,738,505 shares and options over another 59,466,808 sharers.

    Where I do agree is his average price, it is likely Close to 6c ish.

    He did pick up a fair few early on at 20c and 15c and sold a few at 18c, but the vast majority has been picked up at the back end of proceedings in the 6 & 5c CR.

    Because of the new COVID FIRB rules the BOD are pretty hamstrung as it almost certainly needs to be a local deal if a direct equity injection, which is certainly require rapid!!

    Chris Ellison at MIN is the best candidate, and maybe even make a TO offer recommended by the BOD, AB saves his own equity and lives another day and count his chickens he escaped AJM not losing too much.

    Price?






 
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