1MC morella corporation limited
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Its an interesting predicament the shared management of 1MC/SYA...

  1. Yowie21
    4,778 Posts.
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    24/03/23
    09:34
    Post #: 66936300
    Its an interesting predicament the shared management of 1MC/SYA find themselves in again. The debt induced sell at any price mantra of AJM hurt the sector while they were still in production. Now SYA is coming online at a time when prices are softer against a backdrop of a terrible deal with PLL, how do you sell at spot when the market knows they can drill you on price and you will take it?

    SYA holders will remain confused in a year from now when after all the production and sales they still run at a loss due to poor management.

    1MC Price at posting: 0.7¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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