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Morella Corporation Issues Shares to Directors in Lieu of Fees

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Morella Corporation Issues Shares to Directors in Lieu of Fees

Confident Investing Starts Here:

An update from Morella Corporation ( (AU:1MC) ) is now available.

Morella Corporation Limited has issued 4,874,616 fully paid ordinary shares to its directors as a substitute for cash payments for fees. This move, approved by shareholders at an Extraordinary General Meeting, reflects the company’s compliance with its reporting and disclosure obligations under the Corporations Act 2001.

More about Morella Corporation

YTD Price Performance: -41.38%

Average Trading Volume: 193,406

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$6.45M

For an in-depth examination of 1MC stock, go to TipRanks’ Stock Analysis page.

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