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16.7% 0.3¢ morella corporation limited

AJM, page-6

  1. gmt
    7,973 Posts.
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    28/08/19
    23:39
    Post #: 40206760
    I am sure they can but at what price, 5cents or 6 cents and huge dilution.

    Over 2 Billion shares on issue and SP of 8.5cents and $180mill of debt getting very close to being a penny dreadful unfortunately.
    AJM Price at posting: 8.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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