1MC 16.7% 0.3¢ morella corporation limited

Ann: SPP Offer Further Increased to $14 Million, page-165

  1. 5,249 Posts.
    lightbulb Created with Sketch. 775
    As soon as they are listed.
    Then you can exercise them.

    But why would you exercise them (say today), at twenty cents when you can go to the market,
    biding thirteen point five cents for each share ?
    You would be only throwing your money away, ( look after your pennies and the pounds will look after themselves).

    These options are meant to raise capital for AJM in the future, early 2022.
    Hopefully at AJM's share price of twenty cents each or higher (fingers crossed on the higher part).
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
-0.001(16.7%)
Mkt cap ! $15.44M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $2.671K 891.0K

Buyers (Bids)

No. Vol. Price($)
104 161016851 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 32232390 72
View Market Depth
Last trade - 15.59pm 17/05/2024 (20 minute delay) ?
Last
0.3¢
  Change
-0.001 ( 16.7 %)
Open High Low Volume
0.3¢ 0.3¢ 0.3¢ 2957578
Last updated 15.58pm 17/05/2024 ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.