The games these people played we never know. Fundamentally, management is not exactly shareholders preferred option, however from the technical analysis situation, this is a different perspective. The chart ignore all emotions, undisclosed informations, so currently it divest from what we know currently. Results from rock and soil sampling are outstanding, CEO intention of options conversion unknown, drilling decisions on Newleyline and Tolerno still undisclosed, still a lot of guess work for speculation. Movement in the share price now could be, the desired quantity has been reached, the cap is off . The share price is only for the cash value, Berinka and Newleyline have to be appraised. Could management be looking at a project which will add value to the company, we never know till it is announced. Meanwhile , momentum is there for the price rise which will bring in more traders and investors because of MAN'S share price which is way under value. The NED bought at 6.5c initially which could be a guide anything below 10c is good value.
MAN Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held
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