Again you totally miss the point i will put it in a table for you so you get it.
ASN MC = $172.3M , Cash on hand $17m, Ev $155m
MAN MC = $20M, Cash on hand $15m, Ev $5m
Are you saying$asn $17m cash won't go far, yes you are right? You would have to be a fool to think ASN and MAN will go these projects alone.
Facts of the matter are imo, MAN is a far far better punt than ASN on the abopve calculations and that is why i believe @next Investor@ is correct in regards to a T/O of MAN because the growth potential here is massive imo compared to MAN which appears fully priced.
You are welcome here as a non holder , but the fact that you are so desperate here shows your incredible level of interest hey? Of course understandable.
Here is a question for you, Can you find me 1 small cap with a $20m MC and $15m in cash listed on the ASX as MAN have ?. I know you can't answer that as there are none, not one cheers.
MAN Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
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