1MC 0.00% 3.0¢ morella corporation limited

Tradingview data suggesting consolidation is happening 5/07 so I...

  1. 4,326 Posts.
    lightbulb Created with Sketch. 661
    Tradingview data suggesting consolidation is happening 5/07 so I guess 1MC were too busy to update the market, CEO is only on $600k a year here so what can you expect, I guess.

    Post consol price is 7.5c but my guess is it will close day 1 at about 6.5c before drifting down to 2c in the next few trading sessions. What we can't know is when a raise will come and on what terms, best case is they keep pulling funds out of SYA to keep the salary account full, second-best case is they vend in a gold or REE project in on an all-script deal but the effort required seems beyond them. Do any of the management team hold a duster tenement themselves they could vend in?

    So the short-term options are tenement holder reimbursement, project vend in, or CR at 2c, what's your prediction?

    https://hotcopper.com.au/data/attachments/6288/6288519-7ce1ba6238277305f4a27f60cb929063.jpg
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
0.000(0.00%)
Mkt cap ! $8.364M
Open High Low Value Volume
3.0¢ 3.0¢ 2.9¢ $17.16K 584.2K

Buyers (Bids)

No. Vol. Price($)
1 81157 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 374484 6
View Market Depth
Last trade - 16.10pm 11/10/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.