1MC 0.00% 3.4¢ morella corporation limited

Ann: Consolidation/Split - 1MC, page-34

  1. 4,242 Posts.
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    They have a track record of shafting investors; you aren't the first and won't be the last.

    Consolidation is an absolute requirement though, can't do anything with the current structure but a result will be a further decline in value, the current market cap is too high for a shell with poor management.

    I could highlight many examples but WA1 acquired the west Arunta project in 2021 and today sit at a market cap of ~1.5M what have the management been doing here so many projects in their own backyard have been acquired while they tred water at your cost.
 
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