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3.23% 3.0¢ morella corporation limited

Ann: Extension of time to convene second meeting of creditors, page-11

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  1. GARETH78
    8,317 Posts.
    lightbulb Created with Sketch. 2950
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    17/11/20
    15:37
    Post #: 48934928
    Not un expected. Would have possibly been better if the BOD had got the VA in first.

    If the BOD has an offer they need to get moving quick.

    They are still running up interest and add in the receivers and administrators fees. They don’t work for free.

    Interest alone by the end of Feb will be at least another $6m USD.



    AJM Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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