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Morella Corporation Director Increases Shareholding

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Morella Corporation Director Increases Shareholding

Morella Corporation ( (AU:1MC) ) has issued an update.

Morella Corporation Limited has announced a change in the director’s interest notice, specifically regarding Allan Buckler’s holdings. The director acquired 671,053 fully paid ordinary shares on the market, increasing his indirect holdings to 35,244,663 shares, with an estimated value of $12,898.54. This acquisition reflects a strategic move to strengthen the director’s position within the company, potentially impacting Morella Corporation’s market perception and stakeholder confidence.

More about Morella Corporation

YTD Price Performance: -16.67%

Average Trading Volume: 16,588

Technical Sentiment Signal: Strong Buy

Current Market Cap: $3.73M

See more data about 1MC stock on TipRanks’ Stock Analysis page.

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