1MC 8.89% 4.9¢ morella corporation limited

Ann: Suspension from Official Quotation, page-105

  1. 592 Posts.
    lightbulb Created with Sketch. 121
    Commissioning the plant and getting it running at nameplate are two completely different scenarios. Your comment that all production from commissioning until now has been lost is, quite frankly, ridiculous. The fine tuning and alterations to the plant that were required getting to nameplate were costly and had to be paid for somehow. No production was lost, the revenue has been used attaining nameplate status, which for all intents and purposes, has been achieved. Production revenue moving forward can be used to pay down debt and interest.

    I don't think anyone cares whether you invest in AJM or not but to claim that AJM has ostensibly blown all their production revenue to this point is completely inaccurate.
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
4.9¢
Change
0.004(8.89%)
Mkt cap ! $12.11M
Open High Low Value Volume
4.8¢ 4.9¢ 4.4¢ $7.714K 158.8K

Buyers (Bids)

No. Vol. Price($)
1 8227 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 2606 1
View Market Depth
Last trade - 15.55pm 16/07/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.