1MC 20.0% 0.2¢ morella corporation limited

one wonders if there’s been a ‘false’ market whilst the shorts...

  1. 3,740 Posts.
    lightbulb Created with Sketch. 106
    one wonders if there’s been a ‘false’ market whilst the shorts have been active - manipulating the SP purely to pick up the JRO parcels as low as possible, I doubt many retailers will bother bailing out at these levels - if now why not earlier? The insiders and directors are set and we’re buying up large through the recent raising instruments. Who does that leave? I suspect shorts can be closed without the Shortman data moving, indeed many loaned shares will have a specific time limit on how long they can remain loaned. When do we conclude that silence has become deafening. If the next quarterly arrives and shows positive cash flow can the low SP be sustained any longer?
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(20.0%)
Mkt cap ! $12.35M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $3.287K 1.146M

Buyers (Bids)

No. Vol. Price($)
118 179562966 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 22347481 48
View Market Depth
Last trade - 16.10pm 02/07/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.