1MC morella corporation limited

Ann: Change of Director's Interest Notice, page-2

  1. 5,715 Posts.
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    So, JB has been buying more shares on market.

    JB & AB bought shares on market a few weeks back.

    MORELLA CORPORATION LIMITED (ASX:1MC) - Ann: Change of Director's Interest Notice, 78195117, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    AB bought shares on market last year.

    MORELLA CORPORATION LIMITED (ASX:1MC) - Ann: Change of Director's Interest Notice, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    They also participated in the recent CR.

    MORELLA CORPORATION LIMITED (ASX:1MC) - Ann: Capital raising of $1.4M to fund exploration, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    Not many companies out there where the BOD raise half the cash in a CR & then buy shares on market. Why would they do that? Averaging down? They see a future? Something in the works? @Yowie21 believes SYA is about to boom & 1MC has a JV with SYA.

    MORELLA CORPORATION LIMITED (ASX:1MC) - Ann: Half Yearly Report and Accounts, 78389809, page-27 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    MORELLA CORPORATION LIMITED (ASX:1MC) - Ann: Half Yearly Report and Accounts, 78204513, page-2 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    Or you can believe @Yowie21 & the Directors are sacrificing/donating/gifting their cash to buy shares on market so former shareholders can get their money back from the unmarketable share facility. In other terms, the BOD are transferring their wealth to former shareholders!!

    MORELLA CORPORATION LIMITED (ASX:1MC) - Ann: Change of Director's Interest Notice, 78199783, page-6 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    https://hotcopper.com.au/data/attachments/6895/6895787-194b83d91db6705a9fbd69781416a13b.jpg






 
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