1MC 0.00% 0.3¢ morella corporation limited

Hi NL, I had a bit of exposure to mandarin in school, but I...

  1. 55 Posts.
    lightbulb Created with Sketch. 59
    Hi NL,

    I had a bit of exposure to mandarin in school, but I stopped attending mandarin class after 15yo. Happy to be corrected by any professional Chinese interpreter/translator.

    From my reading, it means the "control transaction" at the early stage of the project will not generate valuable outcome for shareholders. Early stage in this context means the milestone of just turning into producer.

    My interpretation is that JB simply saying we're not up for sell now, as shareholders wouldn't be interested. I see it as JB's interest aligned with shareholders.

    I did not read the remaining announcement as I couldn't be bothered by what JRO has to say about their own business. What matters to me is the fact that JB is standing up for shareholders.

    Thanks.
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $18.53M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $38.74K 14.12M

Buyers (Bids)

No. Vol. Price($)
122 180381230 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 39662259 75
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.