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2.33% 4.4¢ morella corporation limited

Accounts payable as at 31st Dec (the last available) was $34.5m...

  1. GARETH78
    8,146 Posts.
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    03/12/20
    18:43
    Post #: 49328542
    Accounts payable as at 31st Dec (the last available) was $34.5m

    Highly unlikely to have improved much considering their COH at the last 2 quarterlies.

    There could be a helluva lot of unsecured creditors.

    There will be nothing left for share holders.

    In fact being a limited company in many ways SH are lucky as they are not liable for these debts.


    AJM Price at posting: 7.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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