1MC 0.00% 0.3¢ morella corporation limited

Ann: Trading Halt, page-71

  1. 390 Posts.
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    I've read a good few of the posts after this mornings TH announcement. Good points to my thinking, no big leaky ship of price movement last week before this announcement. Strategic equity investment I think one way or another shows someone with capital wants a part of AJM, a Lithium / Tantalum resource with functioning mine on top of it. The fact that somebody wants to put up stategic cash would show they value our resource and product, - this has to be a rebuttal of the oversupply narrative by the investor at least in their business time frame. I would think ShanShan is the most likely but who knows. The day any new shares are issued there is 'dilution' to a point. If the funds and relationship from that investment are used to build AJM up, up and up then the so called dilution will be long forgotten. Sort of like my first home loan, it seemed like a lot at the time, now it would buy half of our CX-5 wink.pngsmile.png.
 
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Last trade - 09.54am 15/05/2024 (20 minute delay) ?
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