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0.00% 3.3¢ morella corporation limited

3.5m barrier at 17cps, page-31

  1. Grizzle1
    1,583 Posts.
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    28/01/17
    10:37
    Post #: 22185230
    It comes down to what level of profit the market will pay....yes, at x10 then a 3-5 multiple is reasonable based on spod pricing. Suppose the market started to rate profitable producers at up to x20 in line with SQM etc...it might be a timing issue...there is a window of demand/supply/emotion exponential.
    AJM Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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