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0.00% 0.3¢ morella corporation limited

Ann: Trading Halt, page-70

  1. Cashmeoutside
    3,045 Posts.
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    13/01/20
    19:40
    Post #: 42358078
    The level of debt is unsustainable, particularly in the current pricing environment and they know this. I’d be very surprised if it is a debt for debt refinancing, I’d expect a large portion of the debt be replaced by equity (either through selling down a part of the project or issuing more stock).
    AJM Price at posting: 6.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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