1MC 3.23% 3.0¢ morella corporation limited

Ann: Trading Halt, page-171

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CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,619 Posts.
    lightbulb Created with Sketch. 783
    Solid announcement overall though not reflected in the SP. Looks positive looking forward and hence 9.4 c is the low and history for now. For long holders the following stands out and looking at the fine prints in the announcements, I am comfortable to hold long term...

    Discussions with SS continue( very impt as they have the capability to Finance stage 2 all by themselves)
    SS not taking any product from stage 1, obviously looking for a big slice in AJM or whole AJM..
    Pricing is the key as the same floor gives extra cushion for short term and still profitable company, if cost is controlled and nameplate acheived
    Plant functioning as expected , so major delays / dramas

    All we need is a bit of assistance from our very helpful NIGHTFLYER and we can keep counting the ships. No issues of no buyers / grade etc etc...Lets put all negatives behind us.

    Someone loves this at 11.5 c, nice buys there

    All IMO
    Arjay
 
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