1MC 6.82% 4.1¢ morella corporation limited

Ann: Altura To Undertake A$28 Million Financing Package, page-162

  1. 27,565 Posts.
    lightbulb Created with Sketch. 1313
    Talk of 30 cent TO is just scaremongering.IMO

    Now be very careful here..................I have seen Directors throw SH under busses in the past.  Their 15 mill will be  great if heads are higher than
    25 c and TO offer unanimously recommended by Directors at 30c.  Definitely a possibility in my mind.  Their resumes will also remain in tact as they brought something like AJM from it's early days to a producing mine and something well sought after by bigger pockets.

    Of course I want to see the current Directors take this to $1 but I do have my reservations
 
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