1MC 0.00% 3.1¢ morella corporation limited

Ann: Extension of Voluntary Suspension, page-253

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  1. 1,015 Posts.
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    no punts meant but I think AJM is really pushing the price of spodumene down no offense because of their cash position weak producers are bending down towards chemical converters to sell under production+financing cost prices to stay afloat.
    unhealthy practice.
    AJM should prolly do a CR even though a painful dilution to get things moving ahead and not bow down to try to survive.

    I was a AJM holder until I saw their cash burnout. and typically just being proud to sell at a loss to stay afloat is accelerating the process of sinking. AJM has great products but for "survival" they are forced into this...
 
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