MAN 2.00% 2.6¢ mandrake resources limited

Good morning .I spoke with James Allchurch earlier this week in...

  1. 32 Posts.
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    Good morning .

    I spoke with James Allchurch earlier this week in regards to the selling in Mandrake stock.
    Galan Lithium were the only ones with a large parcel of 35million shares, but i wanted to wait for the ceasing to be a substantial holder notice before I posted here to .

    Galan Lithium have some financial issues because of a major downturn in the Lithium sector.

    Galan Lithium as I understand it have other investments on the chopping block to raise further funds.

    This exit can be seen as a positive , a large overhang parcel of stock is now out, and as one member here put it, the 35m parcel of shares was well taken up as buyers saw a very cheap buy opportunity.



    GLTAH and DYOR





    Last edited by Cartier87: 31/07/24
 
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