1MC 0.00% 3.0¢ morella corporation limited

News: 1MC Morella Corporation Says Drilling Commences At Tabba Tabba East Lithium Project, page-40

  1. 5,550 Posts.
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    When 1MC (before the consolidation), the share price was .003 cents.
    That was the worst that it could fall, three tenths of one cent.
    That would have been bankruptcy.

    Today (at a fall of one cent), that is more than three times the pre-consolidated share price.
    Three times plus, the bankruptcy price.
    So for shareholders, no bankruptcy, just continue to lose more and more cash.

    What a joke, I wonder if the FATBOY is laughing.
 
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