1MC 0.00% 0.4¢ morella corporation limited

They are hardly in a place to negotiate. From their most recent...

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    They are hardly in a place to negotiate.

    From their most recent ann where they outlined something new, it struck me that it seems their AJM connection is their most valuable asset. They discussed AJM much than their on-going contracts or assets.

    Anyone wanting to take them over would have to weigh up AJM's value to them vs the rest of the JRO baggage that has to come with it.

    As a holder here, I'd rather have bod take on a new offtake partner.
 
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