1MC 3.23% 3.2¢ morella corporation limited

AJM Capital Raising, page-26

  1. 367 Posts.
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    bottom line- in my eyes the only possible solution.
    get debt-free and transform debt in equity.

    I was always wondering, why this was not done earlier. imagine this step would be done at 12, 15, 20ct SP with an even much lower debt level. we would sit now on a 3x Market cap with NO debt.

    but ok, better late than never.

    imho, it's a very positive step. Market cap will double, at same SP level and then we will see.
 
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