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6.82% 4.1¢ morella corporation limited

3.5m barrier at 17cps, page-25

  1. futurenow
    4,187 Posts.
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    28/01/17
    00:01
    Post #: 22182887
    I keep looking at the GXY chart from 2016.

    They formed a solid base under 20c during the months of Jan/Feb.

    April saw the price almost double from 25c to 50c. 6 months later reality set in and it was back at 32c.

    I'm sure AJM will have different machinations throughout the year but the first boatload should be around 12 months from now which might suggest 60c+.
    AJM Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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4.4¢ 4.4¢ 4.1¢ $6.658K 156.4K

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