1MC 20.0% 0.3¢ morella corporation limited

Ann: SPP Offer Further Increased to $14 Million, page-72

  1. 5,359 Posts.
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    One of the reasons i didn't enter the SPP was that i would be making money on a market entry.
    (Thirteen cents for each share and option).
    I entered my required shares and what would be the options as a market buy.
    The bid was successful.

    While the participants of the SPP will need to wait for the share price to reach twenty cents to convert their FREE options to shares,
    I'm in profit now, and that profit will grow as the share price climbs to twenty cents (if it ever does).

    But still time to jump in now at fifteen cents and do the same.
 
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