MAN mandrake resources limited

I rely on company 's announcement for my decision making. The...

  1. 11,048 Posts.
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    I rely on company 's announcement for my decision making. The earlier announcement and subsequent announcements indicated existence of NiCuPge mineralisation. The views of posters here are mainly their own speculation or interpretations. As such it is difficult to distinguished fake news or the real stuff. Many of us were caught in CHN's predicament after the capital raising at $1.05.
    The share price went below 80c for several weeks and there were various speculations. Subsequently the share price treble from their low and since then has reached almost $10. This management is already well known
    for being less than generous with their reporting, only as requires by mandatory requirements. Under such difficult environment, I prefer to rely on the company's announcements. It is difficult for me to accept the company deliberately misinformed shareholders or the general stock market. All the rock sampling results cannot be fake or purposely made out to be such. I will let the company do their drilling first and await the drilling results from the laboratory before making any further decisions. The current market capitalization consists of 50% funds and enterprise value of the company equals about 4.5c. This would be the lowest value of all the exploration companies in the region. I am holding on to my investments in MAN.
 
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(20min delay)
Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $11.29M
Open High Low Value Volume
1.8¢ 1.8¢ 1.8¢ $2.552K 141.8K

Buyers (Bids)

No. Vol. Price($)
2 709493 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 2304668 10
View Market Depth
Last trade - 12.51pm 25/06/2025 (20 minute delay) ?
MAN (ASX) Chart
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