1MC 20.0% 0.3¢ morella corporation limited

hi DaveK I fully agree with your comment, very interesting in...

  1. 309 Posts.
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    hi DaveK
    I fully agree with your comment, very interesting in the auction.

    I assume we are seeing some selling pressure because of the Christmas break, however at the same time I see some increased buying pressure recently.

    If we draw a line from around this price level and the price level a company potentially earning hundreds of millions of dollars over the next few years In My Opinion we are also going to see increased upwards pressure at some stage which will only intensify between now and when production begins.

    I do have a decent holding of AJM with funds ready to accumulate more if the price drops or even increases from here.

    My Sentiment is to Hold but I am also a buyer.
 
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