MAN mandrake resources limited

Why would they convert now at 30c? This is why Im asking how...

  1. 78 Posts.
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    Why would they convert now at 30c? This is why Im asking how much the diamond drilling program is costing in total - 6M shares converted at 15c is 900K (part payment), I'm assuming the other part is coming from Jimmy (is it 50/50?)?

    How do you know it's not worthwhile for them to cash out now? it's only part payment...no one knows how much the other part is in $$$

    So we are all meant to assume that the drilling company is going to wait until 30c, when the share price is going south?
 
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(20min delay)
Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $11.29M
Open High Low Value Volume
1.8¢ 1.8¢ 1.8¢ $1.938K 107.6K

Buyers (Bids)

No. Vol. Price($)
3 1074661 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 2286371 7
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Last trade - 11.13am 24/06/2025 (20 minute delay) ?
MAN (ASX) Chart
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