1MC 0.00% 2.9¢ morella corporation limited

Share price discussion, page-655

  1. 4,198 Posts.
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    My approach now is to get as close to and under 13c which was the CR price and where Buckler tipped in $15M.

    I've been in AJM for a number of years and first bought at 11c and bought on the way up even a parcel at 26c.

    Unfortunately I didn't sell at the top as we didn't have a plant so assumed the blue sky would continue once we were producing.

    I'm also not clever enough to utilise a stop loss so just hold my breath hoping for a recovery.

    I also tipped in the maximum $15k for the CR at 13c. Almost always the share price returns to and dips below CR levels. I wasn't expecting the dip to be a plunge.

    If there's a complete sh*t storm and a TO is considered it would have to be above the CR price, hence my aim to have an average below the CR.

    I'm still a believer and will continue to hold tight.

 
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