1MC 2.27% 4.3¢ morella corporation limited

Ann: Change in substantial holding, page-39

  1. 2,155 Posts.
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    I don't think JRO want to sell and as suggested by Guido21, it is possible its being forced upon them. Without much choice, perhaps their plan is to get their house in order and keep whatever is remains or at least hope the AJM SP climbs above the 15c mark. Agree with muppet655, good opportunity if AJM can deliver what they projected in the quarterly. Hitting those production targets at those projected low costs is all that matters right now. If they can manage that and become a low cost producer profitable at the bottom of this sentiment cycle, things look good for the future. Watching the shipping thread for updates from our resident port spies
 
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