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0.3¢ morella corporation limited

Ann: December 2020 - Half Year Accounts, page-28

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barbal

3,159 Posts.

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25/07/21

16:21

Post #: 54757143
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Originally posted by Gordongecko16: ↑

It is extremely over, all the parties in the deal have corporate lawyers, all there i’s will be dotted and their T’s crossed and that includes AJMs lawyers.
The BIG question you should be asking is how did AJM end up in such a perilous state in the first place. Every lithium miner including PLS faced the same market conditions and came through the other side. And let’s not forget that you claim that even in your darkest hour AJM was receiving a premium for its spod, surely then going under is even more inexplicable? The second part of that big question is will the BOD saddle the new version with too much debt and try and sell before the chickens come home to roost like last time? When Alex Cheeseman couldn’t find a buyer for ALO in 2019 that was already the beginning of the end.

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Didn't pls refinance their loan at 5%, if so, surely that would have been a great help.

AJM Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.3¢		Change -0.001(16.7%)		Mkt cap ! $15.44M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$9.493K	3.182M

Buyers (Bids)

No.	Vol.	Price($)
168	185858022	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	31145133	96

View Market Depth

No.	Vol.	Price($)
168	185858022	0.002
46	141924308	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	31145133	96
0.004	21383925	60
0.005	5226002	17
0.006	12178915	13
0.007	14331656	11

Last trade - 15.17pm 14/06/2024 (20 minute delay)


Last 0.3¢			Change -0.001 ( 0.00 %)
Open	High		Low	Volume
0.3¢	0.3¢		0.3¢	2514296
Last updated 15.20pm 14/06/2024 ?

1MC (ASX) Chart