1MC 0.00% 3.3¢ morella corporation limited

AJM Capital Raising, page-34

  1. 11,748 Posts.
    lightbulb Created with Sketch. 583
    I would say this week now AFR have reported it, could be as early as tomorrow. With regard to the CR price, it makes little difference in the end, sure retail will go off like crackers at the low CR and the dilution, but accounts don't see it the way many retailers do, often you hear why not borrow $300m and don't dilute me eek.png with no understanding of what borrowed money can do when you don't qualify on value.

    I suspect the SPP will give a look-in, was a belly up or a CR and holders won in that race, this is a reset be happy the SP will recover remarkably well IMHO, enough that I will be looking at what's on offer at bargain time, hence changed sentiment from none to buy the day it trades following the details. I did not expect to be doing that.

    Cheers
    Phil.

 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
0.000(0.00%)
Mkt cap ! $8.935M
Open High Low Value Volume
3.3¢ 3.3¢ 3.3¢ $124 3.755K

Buyers (Bids)

No. Vol. Price($)
1 16221 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 3568 2
View Market Depth
Last trade - 15.56pm 06/09/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.