1MC 0.00% 4.3¢ morella corporation limited

The US500, Dow and NASDAQ look on the verge of rolling over,...

  1. 4,164 Posts.
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    The US500, Dow and NASDAQ look on the verge of rolling over, what will a broader market pull back do to something like 1MC? Markets have been smashing it these last few months while 1MC has remained in its downtrend, 5 to 8% market pullback might see a 50% drop for 1MC.

    It cant be easy trying to raise money for this noting it is really just a shell company. With SYA the focus for management they might just raise enough to pay back their note and then wind it up.

    If I was a betting man I would say 1MC will cease to exist within the next 6 months.
 
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Mkt cap ! $10.62M
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4.4¢ 4.4¢ 4.3¢ $1.32K 30.64K

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4.4¢ 59177 1
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Last trade - 15.49pm 26/07/2024 (20 minute delay) ?
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