1MC 2.27% 4.3¢ morella corporation limited

yup, all about future cash flows. All the neigh sayers and their...

  1. 3,740 Posts.
    lightbulb Created with Sketch. 106
    yup, all about future cash flows. All the neigh sayers and their ‘numbers look tight’ ‘spod prices are soft’ who try and value the company on their first few quarters of production miss the point that 18 months ago AJM was essentially a patch of dirt with potential and realising that potential in terms of a mine functioning to spec is the hard bit (explorers with lofty valuations beware), sure the debt looks scary with stage 1 only just hitting its straps but what of stage 2, or other major developments. It’s like trying to say whether Usain Bolt was going to be a professional sprinter based on his youth events, signs looked good and chances were he’d be there or thereabouts, just a question of development and a bit of luck but already in the mix and likely to be support in getting over the line?
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
4.3¢
Change
-0.001(2.27%)
Mkt cap ! $10.62M
Open High Low Value Volume
4.4¢ 4.4¢ 4.3¢ $2.717K 63.06K

Buyers (Bids)

No. Vol. Price($)
1 143991 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 73555 2
View Market Depth
Last trade - 15.31pm 25/07/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.