MAN mandrake resources limited

I like the way GLN gaining a foothold into MAN. Initially being...

  1. 11,042 Posts.
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    I like the way GLN gaining a foothold into MAN. Initially being allocated 5% and acquiring more in the market place. All along i was inclined to think with its hugh cash box, MAN will be a sweet target for a predator of small to medium concern. I will go so far as to say it will be a takeover target at a low price. GLN can launch a take over by issuing shares against shares held at 10:1 and still be low but would likely to be acceptable to many existing shareholders of MAN. I am surprised SB1 is not accusing me if downramping this time.

    Up till now, I am unaware of what the term organic means in the current context of MAN acquiring tenements for nothing. I have known of our exploration companies acquiring tenements at very low price in America. Todate i haven't heard of any successful stories to date.

    As for America having 5 gigantic factories in the future, I will give it a miss. We have heard that one in Europe more than 5 years ago when I invested in FFX. I am still waiting to see the first lithium factory in Europe. Despite all this, GLN is in lithium, they would have a better idea of what is going on than I.
 
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Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $11.29M
Open High Low Value Volume
1.8¢ 1.8¢ 1.8¢ $4.436K 246.4K

Buyers (Bids)

No. Vol. Price($)
4 1115162 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 373333 2
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Last trade - 15.59pm 20/06/2025 (20 minute delay) ?
MAN (ASX) Chart
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