1MC 16.7% 0.3¢ morella corporation limited

The level of debt is unsustainable, particularly in the current...

  1. 3,045 Posts.
    lightbulb Created with Sketch. 1819
    The level of debt is unsustainable, particularly in the current pricing environment and they know this. I’d be very surprised if it is a debt for debt refinancing, I’d expect a large portion of the debt be replaced by equity (either through selling down a part of the project or issuing more stock).
 
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¢ $12.89K 4.596M

Buyers (Bids)

No. Vol. Price($)
145 197920249 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 44471257 94
View Market Depth
Last trade - 15.10pm 21/06/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.