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Morella Corporation Initiates Trading Halt for Capital Raising

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

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Morella Corporation Limited (ASX: 1MC) has initiated a trading halt on its securities as it prepares to make a significant announcement regarding capital raising. This halt is expected to last until the start of trading on December 16, 2024, unless the company releases its announcement earlier. Investors are keenly awaiting details that could impact the company’s market position.

For further insights into AU:1MC stock, check out TipRanks’ Stock Analysis page.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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