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1MC

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3.0¢ morella corporation limited

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JudgeMental

18 Posts.

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04/07/24

15:22

Post #: 74609682
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Originally posted by Yowie21: ↑

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?

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Prediction for me = NFI. Same idea as I obviously had with this company and its predecessor. Seeing 98% of my holding vanished and I’m left with a couple cartons of beer, will invest in more beer for a while which is where I have more satisfaction depleting my hard earned

1MC Price at posting: 0.3¢ Sentiment: Sell Disclosure: Not Held
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(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

No.	Vol.	Price($)
1	81157	0.030
2	347644	0.029
3	92565	0.028
1	61938	0.027
1	37074	0.026

Price($)	Vol.	No.
0.031	374484	6
0.032	92168	2
0.033	378549	3
0.035	200000	1
0.040	40000	1

Last trade - 16.10pm 11/10/2024 (20 minute delay)

1MC (ASX) Chart

Post Consolidation Price Predictions, page-2

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Post Consolidation Price Predictions, page-2

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