1MC 0.00% 0.3¢ morella corporation limited

Hello GHi have been a holder for 3 years too. Invested a lot...

  1. 167 Posts.
    lightbulb Created with Sketch. 18
    Hello GH

    i have been a holder for 3 years too. Invested a lot during the up and down phases and have added significant paper losses.
    I think everyone would have loved to exit in 40c+. Lost opportunity I guess in hindsight only. There were good reasons for continued holding back then.
    IMO only, it looks like the wheels are about to turn in right. Direction. Production improving, JRO Sorted, hopefully with new investors offtake is also sorted. What is in management hands is to sort out nameplate with optimal recoveries and debt refinancing in due course. Sooner the better. They say they are working on it so I have faith. If and when they succeed a possible rerate
    what is not in management hands is the market sentiment, cyclical demand supply positions and resultant product sales price movements. I think as this turns so will the share price.
    when is anyone’s guess.
    good luck with your investment. We all need it.

 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $18.53M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $38.74K 14.12M

Buyers (Bids)

No. Vol. Price($)
122 180381230 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 39662259 75
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.