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3.33%

2.9¢ morella corporation limited

Ann: Tranche 1 Funds Received for Placement with J&R Optimum, page-41

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VVX565

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26/01/17

10:11

Post #: 22150139
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Originally posted by binwood ↑

You could also choose to look at it conversely in the fact that AJM has a much tighter register and therefore there is often less selling. Considering similar amounts of SOI AJM has always been far less liquid than PLS. I take it as a positive because when we move we move quickly, as evidenced by our shift from our based at 13.5 to our new base in a matter of days. Another move like that at comparable percentage and we are back in the 20's.

Tranche 2 / Resource / ML still to come. Holidays seem to have slowed everything up but enough there to get us moving and derisk further when it comes in.

Also for the record PLS had a resource upgrade, news always adds to it's liquidity more than ours, GXY is in the 200 now so will be turned over between institutions like that on an ongoing basis now. And BGS which is often quite illiquid moved yesterday on speculation of their SS due imo,

I wouldn't read too much into it all

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Make sense, good feedback mate

AJM Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 2.9¢		Change -0.001(3.33%)		Mkt cap ! $7.852M

Open	High	Low	Value	Volume
3.0¢	3.0¢	2.9¢	$2.761K	92.26K

Buyers (Bids)

No.	Vol.	Price($)
3	412931	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	60215	2

View Market Depth

No.	Vol.	Price($)
3	412931	0.029
1	10000	0.028
1	61938	0.027
2	134223	0.026
2	110000	0.025

Price($)	Vol.	No.
0.030	60215	2
0.031	8000	1
0.032	92168	2
0.033	378549	3
0.034	284705	4

Last trade - 15.51pm 27/09/2024 (20 minute delay)

1MC (ASX) Chart