1MC 9.68% 2.8¢ morella corporation limited

The plant was sort of up and running. 60% recovery wasn’t doing...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,914 Posts.
    lightbulb Created with Sketch. 4174
    The plant was sort of up and running. 60% recovery wasn’t doing AJM any favors and they couldn’t afford to shutdown and fix it due to no cash. I had AJM as I figured it would get swallowed by the Neighbour. If one of the big boys wanted it they would have made a takeover offer way back. They obviously knew what was coming and just held back to see if it was worth their while picking on the carcass. At this stage it looks like the carcass isn’t worth it to anyone except the neighbor. So my hard earned is gone but my hard earned over the fence looks like it will get a carcass. Too small for the big boys to worry about. They have bigger eggs to fry. Honestly folks, move on as there is a bees |]icks chance of shareholders getting a cent. Tax loss on other capital gains at least gets 45% back for me. This is agonising reading on this forum. Sorry for all.

 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
2.8¢
Change
-0.003(9.68%)
Mkt cap ! $8.486M
Open High Low Value Volume
3.0¢ 3.0¢ 2.8¢ $13.15K 453.2K

Buyers (Bids)

No. Vol. Price($)
6 142985 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 361122 7
View Market Depth
Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.