1MC 0.00% 4.3¢ morella corporation limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-55

  1. 4,164 Posts.
    lightbulb Created with Sketch. 628
    The US500, Dow and NASDAQ look on the verge of rolling over, what will a broader market pull back do to something like 1MC? Markets have been smashing it these last few months while 1MC has remained in its downtrend, 5 to 8% market pullback might see a 50% drop for 1MC.

    It cant be easy trying to raise money for this noting it is really just a shell company. With SYA the focus for management they might just raise enough to pay back their note and then wind it up.

    If I was a betting man I would say 1MC will cease to exist within the next 6 months.
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
4.3¢
Change
0.000(0.00%)
Mkt cap ! $10.62M
Open High Low Value Volume
4.4¢ 4.4¢ 4.3¢ $1.32K 30.64K

Buyers (Bids)

No. Vol. Price($)
3 194992 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 59177 1
View Market Depth
Last trade - 15.49pm 26/07/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.