1MC 0.00% 4.4¢ morella corporation limited

Ann: Production, Sales and Market Update, page-26

  1. 18,304 Posts.
    lightbulb Created with Sketch. 3804
    I suspect Stage Two is a given.
    Apart from any interest from other companies, Ganfeng likes the Pilganoora lithium.
    And it obviously likes Altura’s proprietary technology .

    ..And Shanshan, as per the purchase of the stake in China Moly, likes to buy into companies with a great future (which, after buying into Altura, it is on record as saying is exactly the kind of future Altura has).

    ..And, as well as the repeated references to quality of product ( I think you said elsewhere there were eight!), is the double emphasis in the announcement that current market weakness is short term .

    This confident communication from the company is not only designed to comfort shareholders I don’t think.
    ..it gives the lithium world (which we know is watching) notice that the company is well backed and strong and, for those who might want to express interest time is running out ?

    Cheers
    Last edited by sabine: 20/08/19
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
4.4¢
Change
0.000(0.00%)
Mkt cap ! $10.87M
Open High Low Value Volume
4.4¢ 4.5¢ 4.4¢ $8.208K 185.9K

Buyers (Bids)

No. Vol. Price($)
2 77173 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 61507 2
View Market Depth
Last trade - 15.49pm 19/07/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.