1MC 22.7% 3.4¢ morella corporation limited

Rights Issue, page-6

  1. 558 Posts.
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    No ... But seeing the rights are offered at 0.005 (half a cent) what do you think the Share Price is going to do when AJM re-lists on Dec 3rd ?

    Many don't want to put any more loot into AJM as they have already been burnt badly (including me). There are plenty who had already written it off as a total loss but if/when it re-lists, they will sell out (dump), eager to perhaps recover a few crumbs or at least claim a tax loss. I myself am taking up my entitlement & some extras if possible. It's anyone's guess as to what they will re-list at, but highly unlikely to be anything above 0.005. Could be 0.004, 0.003, 0.002 or even 0.001 - take a guess
    Last edited by Marfox: 22/11/21
 
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