1MC 3.03% 3.2¢ morella corporation limited

Rights Issue, page-6

  1. 558 Posts.
    lightbulb Created with Sketch. 52
    No ... But seeing the rights are offered at 0.005 (half a cent) what do you think the Share Price is going to do when AJM re-lists on Dec 3rd ?

    Many don't want to put any more loot into AJM as they have already been burnt badly (including me). There are plenty who had already written it off as a total loss but if/when it re-lists, they will sell out (dump), eager to perhaps recover a few crumbs or at least claim a tax loss. I myself am taking up my entitlement & some extras if possible. It's anyone's guess as to what they will re-list at, but highly unlikely to be anything above 0.005. Could be 0.004, 0.003, 0.002 or even 0.001 - take a guess
    Last edited by Marfox: 22/11/21
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
3.2¢
Change
-0.001(3.03%)
Mkt cap ! $8.664M
Open High Low Value Volume
3.3¢ 3.3¢ 3.2¢ $1.554K 48.50K

Buyers (Bids)

No. Vol. Price($)
1 13870 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 370690 1
View Market Depth
Last trade - 15.52pm 11/09/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.