1MC morella corporation limited

Hello All,The timing happened to coincide when people made a...

  1. 92 Posts.
    lightbulb Created with Sketch. 112
    Hello All,

    The timing happened to coincide when people made a decision to participate in the capital raise or not. In my opinion it was a pump and dump to get funds.

    How much is the shortfall?

    Will AJM trade above 6 cents now that people have allocated funds?

    There has been no active positive movements in the company.

    We still do not know what the operating cost (only the mining and transport side that AJM repot) + capital sustaining costs (eg. what you need to spend to keep the plant functioning year on year) + royalties (not reported by AJM as part of costs....) + overhead (head office is not associated with production costs according to AJM) + insurance and shipping cost to china.

    What is this cost.

    I have been selling shares at high 6s. Thank god. I feel better reducing my exposure to AJM. I do not have much hope for the future here.

    Any opinion that is not totally ramping is slandered, attacked and vilified. I find this whole experience here disheartening.

    I look forward to being out of AJM and putting this tragic period of my life behind me.

    Pink.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.6¢
Change
0.001(6.67%)
Mkt cap ! $5.832M
Open High Low Value Volume
1.5¢ 1.6¢ 1.5¢ $4.939K 322.0K

Buyers (Bids)

No. Vol. Price($)
4 513311 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 9018 1
View Market Depth
Last trade - 14.28pm 02/07/2025 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.