1MC 3.23% 3.0¢ morella corporation limited

Ann: New Financing Package, page-51

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  1. 171 Posts.
    lightbulb Created with Sketch. 80
    I think we see the 9.9% equity "gifted" to the debt holders dumped on market as a priority.

    Then the equity facility grinds the share price to 2 cents in my view. This is a death spiral.....
 
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