MHC 0.00% 0.1¢ manhattan corporation limited

Ann: 2023 Notice of Annual General Meeting, page-36

  1. dfl
    3,878 Posts.
    lightbulb Created with Sketch. 385
    Everything down today in Australia, mkt cap now.
    1Market capitalisation,747,919.10
    With cash at 30/9 at $3.4m, you can work out what the rest of the company is worth. No debt so company not going broke.
    Hardly a lifestyle company from the quarterly. Has to be the Canadians, definitely Li not in favour at the moment.

    Related Party Expenditure (Items 6.1 and 6.2)
    Manhattan made payments to related parties totalling $57,342 during the September 2023 quarter
    attributable to agreed Director fees of $33,000 to Non-Executive Directors, consultancy fees of $24,000
    charged by Mannika Resources Pty Ltd, an entity controlled by Kell Nielsen for the provision of consultancy
    CEO services engaged on specific project tasks together with $342 in expense reimbursements.
    During the September 2023 quarter, Mr Nielsen continued to reduce his monthly charge following the
    Company’s shift in focus to the Canadian project.
 
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