MAN mandrake resources limited

I went over all the announcements for the year. Announcements...

  1. 11,042 Posts.
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    I went over all the announcements for the year. Announcements have not been frequent but with the scarce ones out have been informative. The quarterly covered directors plan and approach which has been comprehensive and systematic. I bought 450000 yesterday to average down especially after DEV's discovery of a vien and DEV went ahead with the acquisition of tenements. Signs are emerging that the region is PGE'S minerals rich. Cov 19 plus the raining season have pushed everything behind. CR was 20c, I would not think the minerals expected to be found has disappeared into thin air overnight. Delayed assay's results did cast fear, such that those that bought in low at 2c has taken their profit. This is still several bags. I too bought in low, however also bought in substantialy at the SPP. In view of all these, I thought the share price now is exceptionally attractive because of the $16 million in cash backing. MAN has due deligence study for over 1.5 years before finalisation of their acquisition. Because of such a large amount of money committed, they must have done some investigation. Thus my decision to lower my average purchase price. I like MAN's chances of hitting the sweet spot sooner than expected, thus my decision to buy more now and hold.
 
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(20min delay)
Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $11.29M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
5 1392328 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 1036371 5
View Market Depth
Last trade - 16.21pm 23/06/2025 (20 minute delay) ?
MAN (ASX) Chart
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