MAN 4.17% 2.5¢ mandrake resources limited

They've sold it for $1mill cash plus $3.5mill of shares at the...

  1. 7,076 Posts.
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    They've sold it for $1mill cash plus $3.5mill of shares at the time of sale. It has added over $11mill of market cap today and the only winners are still management by getting 30mill shares ($3mill) when the SP gets back to the price it was 8months ago?

    They have to pay an additional USD$4.8mill in 2 years time to secure the project aswell!

    Plenty of cash to drill it and the land looks good, but why are Atacamoz Pty Ltd selling it for so cheap...
 
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Last
2.5¢
Change
0.001(4.17%)
Mkt cap ! $15.41M
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2.4¢ 2.5¢ 2.4¢ $254.2K 10.56M

Buyers (Bids)

No. Vol. Price($)
8 1323350 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 1031619 4
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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