1MC 0.00% 3.3¢ morella corporation limited

Ann: $6.5 M equity raising to fund project development, page-101

  1. 7,163 Posts.
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    Some Lth are sitting on a huge loss already. For this to even recover to the current suspended marketcap after the impending crash back to 20mil is gonna take a while let alone breakeven. For those with Pls and sya gains a loss can offset the capital gains. If this opens anywhere near the current sp that’s almost 10 bag on the raising price so I highly doubt it will hold. I’d say a massive gap down on open is to be expected.
 
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