1MC 20.0% 0.3¢ morella corporation limited

AJM Chart, page-4377

  1. 5,175 Posts.
    lightbulb Created with Sketch. 3798
    Accelerating share price decline.

    2m on the buy, 11m on the sell - you really don't want to top up until the figures are the other way around.

    My chart has it falling to about 15c, and top-up buys at 14c are looking reasonable sometime, depending on their need for extra capital, payment schedules, and off-take arrangements.

    Unfortunately, I invested in this way too early and have an average around 30c.

    Thrown in the bottom draw now, not selling, not topping up - watching the buy/sell ratios.

    Gw
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.