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3.23% 3.0¢ morella corporation limited

My perspective:38kt DMT (lets say at sale price of...

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  1. furfural
    359 Posts.
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    23/07/19
    14:07
    Post #: 39650670
    My perspective:

    38kt DMT (lets say at sale price of 550usd/tonne)
    20mAUD cash outflows

    Estimated cashflow for June quarter: 9mAUD
    March 31 Cash: 17.5mAUD
    'Strategic Placement: 22mAUD

    Estimated June 30 cash: 49mAUD

    Personally I think this was so they could renegotiate their loan. If not, I think from now on we will have adequate cash flow to pay off loan interest and still have positive cash flow.
    AJM Price at posting: 11.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
3.0¢ 		Change
-0.001(3.23%) 		Mkt cap ! $8.123M
Open High Low Value Volume
2.8¢ 3.1¢ 2.8¢ $1.312K 44.77K

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No. Vol. Price($)
3 47762 2.9¢
 

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Price($) Vol. No.
3.0¢ 10583 1
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