MAN mandrake resources limited

Ann: Further Extension of DD Period- Renegotiation of Key Terms, page-133

  1. 287 Posts.
    lightbulb Created with Sketch. 108
    Totally agree
    One needs to ask....what sticking point takes 3 months of negotiation ??? 2 month plus 1 month extension.. However I do note that if MAN was to stick to it's original terms , then you would assume the deal would be done. The management must have seen something that wasn't right, and squarely focused on Atacamoz... We can only guess.... Yet there is still no denying that the deal is extremely favourable to all parties... sometimes it takes time to remove the rose coloured glasses, and we may just be having to wait for a "take it or leave it " situation, which always goes down to the 11th hour.... I can't actually knock management on at least being prudent enough to recognise potential problems and attempt to deal with them..... A further extension IF it eventuates will only reinforce what I am saying..... No party wants to walk away empty handed....not to say that it will resolve the issues , but will demonstrate the intent... For this I am not bagging management, it is in fact a positive in my eyes...

    We cannot expect a blow by blow description of everything that happens in negotiations, but we do expect to be updated in a timely manner


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $11.91M
Open High Low Value Volume
1.9¢ 1.9¢ 1.9¢ $2.945K 155K

Buyers (Bids)

No. Vol. Price($)
1 256600 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 1762165 5
View Market Depth
Last trade - 11.38am 18/06/2025 (20 minute delay) ?
MAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.