1MC 0.00% 3.0¢ morella corporation limited

Ann: Trading Halt, page-85

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 644 Posts.
    lightbulb Created with Sketch. 378
    Don’t think Shanshan can buy anymore lest they exceed 20% and have to launch a full takeover bid...

    I think a lot of people will be disappointed once the announcement gets out, in terms of SP movement. I hardly think this will go to 9-10c a share solely on refinance. A positive movement in the price of spod would IMHO have a much greater effect.

    IMHO I do agree that the share overhang will have something to do with refinance. Maybe debt for equity. Bracing for some dilution..... I don’t expect much of a cut on interest rate either.

    But better to live and fight another day....
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.