1MC 20.0% 0.3¢ morella corporation limited

Perhaps they’re not done buying, the inevitable speculative exit...

  1. 3,740 Posts.
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    Perhaps they’re not done buying, the inevitable speculative exit this AM presents an opportunity for picking up shares if so.

    Company comms never been that frothy but a comment about this group might be good. Possible that any transfer of offtake might still be getting worked on, so could be a few more weeks of silence. Might be even bigger moves afoot re stage 2 and finally grappling with that debt.

    Next quarterly could start to look very encouraging especially if June is a further improvement on the May numbers.

    things certainly shaping up well here, and again it comes back to Mr Cheesemans comments re timing.

    Risk/benefit profile beginning to look very tasty especially if an unjustified pullback occurs today.
 
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