MAN 0.00% 2.8¢ mandrake resources limited

They don't have their shares for a week and you can't just sell...

  1. 203 Posts.
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    They don't have their shares for a week and you can't just sell 60 million shares and then buy back 10% cheaper
    Selling 60 million shares at market would drop the SP to 0.001c, they would lose ~1 million dollars and still have 50 million shares worth nothing.

    Why would they invest $12,000,000 and then flip it the next week for a total loss of over 90%? (or -$10,800,000)
    Last edited by Firesheer: 11/06/21
 
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