Morella Corporation (AU:1MC) has released an update.
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Morella Corporation’s director Allan Buckler has increased his indirect holdings by acquiring 1,100,000 fully paid ordinary shares, bringing his total indirect shares to over 33.9 million. This acquisition was conducted on-market with an estimated value of $33,000, signaling confidence in the company’s future prospects. Investors might view this move as a positive indicator of Morella’s potential growth.
For further insights into AU:1MC stock, check out TipRanks’ Stock Analysis page.