1MC 3.03% 3.2¢ morella corporation limited

Ann: Pro-rata Non-Renounceable Entitlement, page-114

  1. 2,312 Posts.
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    Directors altogether are entitled to 109M shares total amount $548K. That's 27% of what is on offer. Usually if they intend to participate, they would say so in the prospectus. If they are not participating, then maybe some shortfall. At 0.005, that's re-set price. Stack of accumulated losses, which is a tax asset. Debt free. Lithium thematic still strong. Worth considering?
 
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