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0.00% 2.9¢ morella corporation limited

Ann: Quarterly Activities Report, page-13

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  1. Silent-Bubbles
    12,830 Posts.
    lightbulb Created with Sketch. 15645
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    31/01/20
    17:02
    Post #: 42678784
    More concerning for me is this statement :-


    Debt Refinancing

    On 2 December 2019 Altura announced that it had commenced discussions with potential investors withthe aim of refinancing its existing debt. Since that time the Company has been working with financinggroups in order to provide a positive solution. The Company will update the market when it is appropriateto do so.

    IMO , it doesn't sound like there will be an outcome come Monday morning .....frown.png
    AJM Price at posting: 6.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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