MAN mandrake resources limited

Ann: Notice of Annual General Meeting/Proxy Form, page-7

  1. 1,692 Posts.
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    I've got no objection to people getting rewarded when they deliver value-adding results for shareholders. But seriously, this proposal (Resolutions 5,6 and 7) is taking the p!ss. We've got 3 directors who collectively have added no value this past year. Look at the declined share price which is evidence as to where they have driven the company (into the ground)! It's basically at cash-backing! Now our 3 directors want 30m free shares in the company (on top of the salaries they already get). Jimmy wants 20m, Roger wants 5m and Lloyd another 5m. To make matters worse, collectively, see below where they currently only own 4.55m shares (Lloyd doesn't even own any!). Where's the skin in the game. MAN is not their personal atm machine. MAN is our company funded with our money! The company went backwards this year, so why do they want 30m free shares?


    https://hotcopper.com.au/data/attachments/4759/4759467-44b808cb6cefc4c03ed670ed11e73656.jpg

 
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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) ?
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