MAN 3.85% 2.5¢ mandrake resources limited

Ann: Drilling re-commences at Newleyine, page-22

  1. 11,007 Posts.
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    I won't be responding on this topic any more.
    Just imagine how boring things are when after investing in the shares the continuing moaning and groaning is unbelievable . If there is any hope of recovery this Relentless carrying on won't do the share price any good. The sell button is so convenient, if you think you have made the wrong decision, cut your losses or realised your profit as in your opinion you would have better opportunities elsewhere, opportunity cost.
    I have been ctitical of management and I have written to the board. I have phoned and emailed so much so that my email or phone call no longer have a response. It is either I put up or shut up. The easiest way for me is to sell out and move on.
    If I do not wish to sell then in my mind there is an opportunity here which I think can give me a return than I can do elsewhere. I don't do this for peanuts, thus it is a calculated risk for me.
    I don't necessarily wait for the fundamentals to tell me everything is in good order and the company will do very well. Quite often you will find the share price moves up months before any significant announcements. By the time when the good news were announced the share price would have moved up quite a bit.
    Recently the share price has some small movements accompanied by volume. There is hope that things could be happening in the company. Things needed not be disclosed yet by stock exchange or corporate law requirements. So there is nothing wrong in being hopeful.
    Until I think there are better opportunities elsewhere I will stay and in the meantime support the company in my own way. I am in no position to change management by myself and it is not my wish to do it. I am sure major shareholders will take a position if they find the situation untenable.
 
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Last
2.5¢
Change
-0.001(3.85%)
Mkt cap ! $15.41M
Open High Low Value Volume
2.6¢ 2.7¢ 2.5¢ $15.85K 614.9K

Buyers (Bids)

No. Vol. Price($)
2 617999 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 124782 1
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Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
MAN (ASX) Chart
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