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3.1¢ morella corporation limited

Ann: Project and Corporate Update, page-31

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seberhardt

275 Posts.

209

23/08/21

02:14

Post #: 55484816
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Originally posted by Gwaihir: ↑

I hear you Rupfel, and I respect your posts here on HC, but I've been through this many times before over the last 30 years (unfortunately), so I'm just speaking from experience, because in one form or another, I've seen most of the options that can and do occur in these circumstances with small cap ASX companies over the past 3 decades.

If anyone has more years of experience, then I'd appreciate hearing.

I've tried to distill things down here for the common man/woman, and make it simple.

And as such, the most sensible thing to do is simply tell everyone that there is a bottom line, it's not rocket science, and it's just pure business common sense - " .... raise money successfully and survive, otherwise fold ... ".

It really does come down to being that simple now !!!

Gw

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Mostly agree with you Gwaihir. I even think that raising some cash to start the projects is achievable in the current environment.

The only thing we won´t like is the valuation. How much is Altura worth of as today?

No cash, earn in agreements with Sayona and a long shot at Fish lake..... Anything north of 30m market cap would surprise me. Even the 30m are a stretch.

I´ll gladly be wrong though as I still hold 2,2m shares of AJM.

AJM Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.1¢		Change 0.002(6.90%)		Mkt cap ! $8.789M

Open	High	Low	Value	Volume
2.9¢	3.1¢	2.9¢	$4.962K	165.3K

Buyers (Bids)

No.	Vol.	Price($)
2	84873	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	669662	6

View Market Depth

No.	Vol.	Price($)
2	84873	0.030
3	354187	0.029
5	108606	0.028
3	134687	0.027
1	35000	0.025

Price($)	Vol.	No.
0.031	669662	6
0.032	8000	1
0.033	41913	2
0.034	269773	1
0.035	153566	1

Last trade - 12.59pm 06/11/2024 (20 minute delay)

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