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0.00% 3.0¢ morella corporation limited

Ann: Altura Completes October Shipments of Lithium Concentrate, page-131

  1. BobbyMorane
    908 Posts.
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    02/11/19
    19:24
    Post #: 41218990
    My random guess is that the debt repayment deadline is going to be extended another 2 years or more.
    Who in their right mind would refuse a 15% return on their money ?
    There is no incentive for the debt holders to pull the plug and a lot of incentives for management to keep the machine going considering how many shares they hold.
    AJM Price at posting: 5.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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