1MC 0.00% 0.4¢ morella corporation limited

+ company definitely in a better position than 8 months back...

  1. 2,119 Posts.
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    + company definitely in a better position than 8 months back progress wise
    -- sector is still down 50%

    With PLS at 84c...classic 1/3 = 28c. I think the 220kt output versus their 330kt means the 1/3 will blow out to 1/2 eventually. Still sector is the biggest issue right now.

    There are signs the oversupply narrative is dying and things are turning around. Once the sector sentiment turns, AJM should hit a new high (along with other stocks).
 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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