1MC 3.23% 3.0¢ morella corporation limited

Are we doomed?

  1. 707 Posts.
    I CANNOT BELIEVE THE MANAGEMENTS DID NOT HEDGE THE IRON PRICE AND NOW WE ARE DOWN THE DRAIN. WE ARE LUCKY THAT AGO BOUGHT US OUT, OTHERWISE AJM WILL BE BROKE?
    THE CASH ISSUES WILL BE ANOTHER FAILURE.
    MAYBE NOW THEY WILL DROP THE ISSUE PRICE TO 3 CENTS JUST TO GET THE MONEY FOR THE SALARIES.
    WHO ON EARTH WOULD WANT TO BUY THE NEW SHARE AT 5 CENT WHEN YOU CAN PICK THEM UP AT NEARLY HALF PRICE.
    WHY DON"T THE MANAGEMENTS BUY SOME SHARES ON MARKET TO SHOW THEIR CONFIDENT?
    ARE ANY OF THEM GOING TO BUY NEW SHARE AT 5 CENTS?
    LOTS OF QUESTIONS, BUI ALL TOO LATE.........................
 
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