1MC 3.03% 3.2¢ morella corporation limited

AJM Capital Raising, page-26

  1. 367 Posts.
    lightbulb Created with Sketch. 63
    bottom line- in my eyes the only possible solution.
    get debt-free and transform debt in equity.

    I was always wondering, why this was not done earlier. imagine this step would be done at 12, 15, 20ct SP with an even much lower debt level. we would sit now on a 3x Market cap with NO debt.

    but ok, better late than never.

    imho, it's a very positive step. Market cap will double, at same SP level and then we will see.
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
3.2¢
Change
-0.001(3.03%)
Mkt cap ! $7.908M
Open High Low Value Volume
3.3¢ 3.3¢ 3.2¢ $2.78K 86.37K

Buyers (Bids)

No. Vol. Price($)
3 246302 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 35766 4
View Market Depth
Last trade - 15.43pm 14/08/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.