1MC 20.0% 0.3¢ morella corporation limited

Ann: PLS: Conditional Agreement to Acq. Altura Lithium Operations, page-265

  1. 668 Posts.
    lightbulb Created with Sketch. 52
    We as shareholder's got shafted here
    1st
    Management never announced the breach of floor prices as per CONTRACTS all OFFTAKE AGREEMENTS DID........reason for me to sell

    Management put us in TH for weeks for finance twice this year, Pls raising money twice now in the blink of an eye racing $360mil.............we were being held hostage over our finance decisions.............could not sell

    Management came out with record sales and GOLD Finds, instead of the truth how dire the situation really was,
    Record shipments and gold did not indicate a a major financial hardship, as they also had that $50mil agreement in place for emergency fund approved by note holders earlier this year to tap into few days later and same shit refinance scenario like earlier this year..........again reason to sell but TH would not allow

    The endless delay's in finance reports the ones we still have not seen yet.........reason for me to sell but TH would not allow

    Summary
    How many ASX company's hold their shareholders hostage for 5 month of the year to get a finance sorted
    Every time I called I was told to protect shareholder, well my ASS now we are protected for ever
    With the TH Management took our FREE DECISION away from us making looking after our investment

    Our money was taken HOSTAGE thru TH and now we are wiped out by HOSTILE TAKEOVER

    If we contact A CURRENT AFFAIR we might be able to draw some MEDIA ATTENTION.......big maybe


 
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