1MC 5.88% 3.6¢ morella corporation limited

An unholy Trinity: USD 125m < 10 mths to resolve....., page-85

  1. 92 Posts.
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    Hello @Comdiver

    If market is expecting good news why have we only traded AUD 13,690 today.

    Appreciate your view on shorts, however the reality is shorts have been falling and so has the share price. If shorts are closing out we should have seen share price increase. Surely this is an indication of nervousness by long term holders as to the debt situation and the fact that long term holders are selling a greater amount of shares that shorts need to cover ???

    https://hotcopper.com.au/data/attachments/1747/1747299-a734d6007711b90233a43528e76bd180.jpg
    Please issue a statement AJM as you would know by now if you are in breach or not. Calm the market and allow the share price to recover.

    Or.

    Say nothing and have people assume we are in breach.

    Please listen,
    Pink
 
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