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Morella Corporation ( (AU:1MC) ) just unveiled an announcement.
Morella Corporation Limited has announced a change in the director’s interest, specifically for Director B T Kuan. The director has increased their holdings significantly, acquiring a total of 3,023,306 fully paid ordinary shares. This acquisition was made through a capital raising initiative and as compensation in lieu of director’s fees, both approved at the Extraordinary General Meeting on May 2, 2025. This change in interest could potentially strengthen the director’s alignment with shareholder interests and may indicate confidence in the company’s future performance.
More about Morella Corporation
YTD Price Performance: -37.93%
Average Trading Volume: 193,283
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$6.53M
For a thorough assessment of 1MC stock, go to TipRanks’ Stock Analysis page.