1MC
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5.88% 3.2¢ morella corporation limited

Rights Issue, page-2

  1. krummus
    20 Posts.
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    19/11/21
    22:38
    Post #: 57715716
    AJM basically has a lot of shares on issue and no debt due to the sale of their flagship plant by the noteholders to PLS, the company still has a heartbeat

    Alex Cheeseman has been appointed CEO and the connections in SYA have allowed for buy-in of tenements over time. Thus, the company is rebooting.

    The latest offering entitles you to buy 1 share per 8.5 shares held at a price of $0.005 and re-listing expected sometime in December (3rd?)
    Last edited by krummus: 19/11/21
    AJM Price at posting: 6.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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3.2¢ 		Change
-0.002(5.88%) 		Mkt cap ! $7.661M
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3.3¢ 52789 1
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