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3.3¢ morella corporation limited

AJM Capital Raising, page-29

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GARETH78

8,274 Posts.

2930

19/10/20

17:06

Post #: 48210356
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Originally posted by Jasventure: ↑

It's going to be very interesting to see the CR price. This usually lowers the SP. But the silver lining is debt almost instantly wiped. Powered by instos , should see an interesting dynamic. I wonder what the market thinks AJM is worth with nearly no debt?! Since that has been the main reason for languishing SP.....anyone got case studies to share?

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Nearly No debt is going to be $240m AUD ++.

They also need some working capital, be good to have $30m at least.

Last edited by GARETH78: 19/10/20

AJM Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.3¢		Change 0.004(13.8%)		Mkt cap ! $8.935M

Open	High	Low	Value	Volume
2.9¢	3.3¢	2.9¢	$2.906K	94.87K

Buyers (Bids)

No.	Vol.	Price($)
1	11100	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	374796	2

View Market Depth

No.	Vol.	Price($)
1	11100	0.030
4	442761	0.029
1	10000	0.028
2	134223	0.026
3	210000	0.025

Price($)	Vol.	No.
0.033	374796	2
0.034	333567	5
0.035	23800	1
0.036	378239	5
0.037	70464	2

Last trade - 16.10pm 17/09/2024 (20 minute delay)

1MC (ASX) Chart