1MC 20.0% 0.3¢ morella corporation limited

AJM Speculation, page-212

  1. 487 Posts.
    lightbulb Created with Sketch. 96

    I remember when we were sitting pretty at around the 40c mark, Macquarie downgraded AJM to 26c to the suspicion and complete amazement of many of us here. What they broke to the market (AJM took out loans to cover cash shortfalls) and predicted plus more happened as we are now battling to stay above 19c.

    So I wouldn't totally rule out what they say due to their prior updates for AJM, even if it is rather uncomfortable news.
 
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