1MC 20.0% 0.3¢ morella corporation limited

If this drops below 11 cents I’ll be back in again for a...

  1. 3,740 Posts.
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    If this drops below 11 cents I’ll be back in again for a truckload, I think the world cannot afford to delay a transition to batteries for grid storage or BEVs and governments know it. The Chinese government are betting that lithium batteries are going to be the next big sector and controlling it will be a huge advantage (and they’re right). Surely this is a stand out investment and a bargain at this price. If the debt spectre is lifted AJM will absolutely fly and I suspect this transaction together with the anticipated remedy of Ganfeng’s conversion bottleneck is a stepping stone to a ‘solution’ even if it means significant dilution.
 
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