MAN mandrake resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-24

  1. 13,672 Posts.
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    Yes this is because management has the sense to raise at 20 cents when it was trading above 20 cents a year back !
    The placement was heavily oversubscribed by institutional and sophisticated investors, and they will want a return very shortly !
    Now that we have brought in a monster grade copper project, this could easily be in the 20 cent range soon !

    MAN is the best placed small cap stocks on the ASX !
 
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