1MC 3.33% 3.1¢ morella corporation limited

News: AJM Altura Mining Re-Establishes Earn-In Agreement With Sayona For Pilbara Lithium Assets, page-57

  1. 890 Posts.
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    This is all a WAG but Altura might come back to life and trade sgain. Meanwhile everyone holding stock is stuck and handcuffed hoping for the best.

    Some believe AJM was worth $209M at time of the halt. Some now believe AJM might be worth $20M at
    the reopening of trading. 20/209 gives a new value of less than 10 percent. If the price per share was say

    $0.045 then new price should be about $0.0043.

    So something is better than nothing and all I know is I won't be selling my 301,471 shares but might be a buyer at that price. Go big or go home is my thinking.
    BCNU
 
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