Morella Corp Ltd (ALTAF)

[tikotiko]

I just came across this interesting Tweet:

“Can anyone enlighten me how receivers can put $AJM into admin when it looks like contract isn't broken until October 31st? Payments and covenants not yet broken?

Whole loan amount not due on 31st either, just interest and refinance fee from memory.

Interesting by $PLS”

This and anything inappropriate in PLS’ actions may be a way of stopping the hostile takeover and allowing a better solution. The problem is that we already know whose side KM is on, but it could get interesting......

GLTAH