1MC 0.00% 3.4¢ morella corporation limited

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  1. 1,080 Posts.
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    Excellent news today holders of AJM

    For anyone interested in HW's latest dribble check this link https://hotcopper.com.au/posts/39090756/single

    Once again he's insinuating AJM's demise.
    Or was he referring to his own stock.wink.png

    I Quote
    "Right now this is a game of survival their isn't enough converters for 4 companies plain and simple someone is going to have to shut down, if you do the numbers see who has already scrapped the bottom of the barrel in terms of raising and debt, I think it's pretty obvious who will be first up if shut down happens.

    Once 200ktpa cheap fire sale of spod leaves the market spod prices should bounce back quickly as margins for converters are still very good, the only reason spod prices are so low is because of certain companies fire selling product as they panic and flap about desperately trying not to drowning."


    Last edited by tritonboat: 20/06/19
 
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