1MC 3.23% 3.0¢ morella corporation limited

Ann: $6.5 M equity raising to fund project development, page-83

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  1. 11,768 Posts.
    lightbulb Created with Sketch. 588
    I am a bit surprised at how many appear to be cashing in someplace on the markets to be so keen to crystallise the loss here. Sitting on a 1/100 year recovery story which has every chance of being at least a ten year bull run yet clearing chips off the table is a bit surprising, I guess others must see a crash/fall to put that cash to work, I don't see it.

    For those not taking money off the table I think this is not a bad play, I am not sure the buy back under the .5c will eventuate in any volumes, time will tell.

    These guys will be connected and appear to be a be savvy on this rebirth anyway, all handy things going forward.

    Put a years or so of HC posts behind us, add news a few deals and the world could be looking very different here, always new money follows a well written story and new energy is that.

    Cheers
    Phil.
 
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