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3.33%

3.1¢ morella corporation limited

Better alive in the bottom draw than dead in the top one.

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337 Posts.

28

20/08/21

08:35

Post #: 55432817
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Originally posted by emmar: ↑

If the AJM were to come out of the suspension any time soon, then I expect that the share price will very low, maybe part of 1c per share. That would not help the return of capital for the shares held by the BOD members. If, on the other hand, they wait until drilling has commenced on the SYA tenements, and they get a reasonable assay result before removing suspension, the return of capital will likely be somewhat improved.

So IMHO, suspension unlikely to be lifted until there is a positive announcement of some sort.

As it is unlikely that we holders will receive much return on our shares even if they do begin trading in the next 9 months, I see little hurry to sell until the end of the FY when a capitol loss can be claimed, along with any capital return that may eventuate.

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Better alive in the bottom draw than dead in the top one.

AJM Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.1¢		Change 0.001(3.33%)		Mkt cap ! $9.395M

Open	High	Low	Value	Volume
3.0¢	3.1¢	2.9¢	$2.634K	87.64K

Buyers (Bids)

No.	Vol.	Price($)
1	22000	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	998991	10

View Market Depth

No.	Vol.	Price($)
1	22000	0.030
4	331289	0.029
4	103606	0.028
1	35749	0.027
1	35000	0.025

Price($)	Vol.	No.
0.031	998991	10
0.032	38813	2
0.033	19200	3
0.034	269773	1
0.035	153566	1

Last trade - 15.44pm 11/11/2024 (20 minute delay)

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