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3.33% 2.9¢ morella corporation limited

Home8891, Not sure whether you have the experience to do your...

  1. zoomyjeff
    3,335 Posts.
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    03/12/18
    10:25
    Post #: 36726387

    Home8891, Not sure whether you have the experience to do your own DD if not suggest you start at the previous quarterly 5B which shows Cash in hand of $10.5M and the December Cash Expenditure of $8.75M.  From there go to further events and announcement's since!  Unfortunately ASX reporting requirements do not require expected inflow.

    We however know that there will be a steady inflow of cash for sales plus US$11M (Aus$15M) from GFL. 

    AJM Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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