MAN mandrake resources limited

What is your purpose? Unless we get major shareholders involved,...

  1. 11,042 Posts.
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    What is your purpose? Unless we get major shareholders involved, we won't be able to change the cause of things. Management should know by now our concerns and worries. Major shareholders are also feeling the pains. Continuous disparaging the company won't do any more good to the perception of the company.
    Personally I think if we have contacted the board and major shareholders conveying our concerns we have done our part.
    The company is a cash box with $16.5 million to work with. Directors could be changed without major difficulties if major shareholders decide to take action. I hope management would use at least $3 million to check out their beliefs by drilling certain targeted areas to put to rest once and all whether the tenements are prospects worth keeping. I am sure with the money on hand there will be other opportunities on offer for management to work on. At this level, major damage has already been done. We could be a target for another company which can decide they can put better use of the funds.
    Meanwhile take a break and have a merry Christmas, safe and happy new year. Things will improve in the coming new year.

 
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(20min delay)
Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $11.29M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
5 1392328 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 1036371 5
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Last trade - 16.21pm 23/06/2025 (20 minute delay) ?
MAN (ASX) Chart
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