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2.63%

3.9¢ manuka resources ltd.

MGMT own 22% of shares because few else will buy them!

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Gratton44

508 Posts.

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22/05/24

09:10

Post #: 73946697
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Originally posted by 92electrons: ↑

I’m not after a quick fix.

I’m happy to accumulate and wait.

in the junior mining space you back good people with a proven track record of growing shareholder wealth, Alan Eggers is such a person.

I don’t care how long it takes, all I know is that I’m willing to continue to accumulate and wait.

I purchased DYL shares for 30 cents back in 2017 on the same basis, it was shortly after John Borshoff took over, John also has a history of growing shareholder wealth. It took 4 years before DYL started to move and get me into the green, but now it’s trading around $1.74

That’s what can happen if you have the right people running these junior mining companies, and you are prepared to wait it out.

It’s not easy to do, it took me 40 years playing in the market to get comfortable with this strategy.

MKR management owns 22% of the shares what does that tell you?

What it tells me is that they are prepared to back themselves !!!

I like that.

I also like all the na-sayers on here telling me I’m wrong, which means I’m still very early and this is still a great contrarian play.

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MGMT own 22% of shares because few else will buy them!

MKR Price at posting: 4.9¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 3.9¢		Change 0.001(2.63%)		Mkt cap ! $30.39M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.9¢	$18.64K	472.8K

Buyers (Bids)

No.	Vol.	Price($)
3	767874	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	630892	9

View Market Depth

No.	Vol.	Price($)
3	767874	0.038
2	34970	0.037
1	14000	0.036
2	249500	0.035
2	30000	0.033

Price($)	Vol.	No.
0.040	630892	9
0.041	22050	1
0.042	24621	1
0.043	516628	2
0.045	8202	1

Last trade - 11.42am 18/06/2024 (20 minute delay)


Last 3.8¢			Change 0.001 ( 0.00 %)
Open	High		Low	Volume
3.8¢	3.8¢		3.8¢	22739
Last updated 12.30pm 18/06/2024 ?

MKR (ASX) Chart

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