1MC 12.5% 3.6¢ morella corporation limited

Contact Australian Super, page-35

  1. 13,122 Posts.
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    Im not sure how Australian Super Pty Ltd works, if its an active manager making the calls for members or members making the calls and manager executing

    But I saw them go into this one, really cranked the price for a short time as rampers thought they would know better.... and saw it as a buy

    ANyhoooooo, just a few months later they were basically almost entirely wiped, so I assumed it must have been a member instructing an allocation, if it was the managers call on behalf of members I thought wow

    the allocation seemed to be enormous at a time as the company seemed to be clearly super high high risk.....

    The Super Pty Ltd Got consolidated to dust and basically the capital in the super fund up in smoke early in 2019

    aus super robo.JPG
 
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