1MC 2.33% 4.4¢ morella corporation limited

News: 1MC Morella Corporation Says Drilling Commences At Tabba Tabba East Lithium Project, page-44

  1. 4,192 Posts.
    lightbulb Created with Sketch. 635
    Post consolidation SOI = 247 151 977 which gives a MC of $10.6M at yesterdays close, about $6M overvalued.

    Normal dilutive behavior will commence soon but as I said months ago I doubt 1MC is still a thing within a few months.
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.