I agreed with you that this share price isn't extremely attractive. It is low for a reason. I have no doubts that we have two very outstanding and probably very excellent projects and both in Tier1 security and jurisdiction for miners. Perception of the current CEO is sheet. Many CEOs that come from a technical background has emerged and become an all rounder in their approach in running the company. Many realised the main and ultimate role of the CEO is to help shareholders to increase their wealth through their investments. It is important not only to develop the project but to communicate well with the shareholders and to promote the company at all times and every opportunity. Only when the share price rises you will find shareholders support, not a down trending share price which will not attract any shareholders. Allchurch, just by being frugal and economic in his communication has shareholders perceiving that he is managing the company as a lifestyle one. Just successfully acquiring good tenements is not enough, he must be seen to be actively developing the project. Just drilling a few holes without much success in a year is just not good enough. With an excellent project and with so much cash on hand he must be seen to drill more holes to discover the minerals and not just sitting down and getting paid for it. You are right, some results would be due now from the new acquisition, yet we haven't heard anything yet. Untill Allchurch changes his approach or the company changes its CEO, I am afraid the share price appreciation will be slow. I am a great supporter of MAN for its projects however I think the company needs to do better in promoting the company to attract shareholders.
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mandrake resources limited
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I agreed with you that this share price isn't extremely...
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.29M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.8¢ | $4.436K | 246.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1115162 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 373333 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1115162 | 0.018 |
3 | 1449902 | 0.017 |
5 | 1076268 | 0.016 |
1 | 33340 | 0.015 |
3 | 1070000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 333333 | 1 |
0.020 | 555499 | 3 |
0.021 | 751168 | 4 |
0.022 | 1015601 | 2 |
0.023 | 913465 | 3 |
Last trade - 15.59pm 20/06/2025 (20 minute delay) ? |
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MAN (ASX) Chart |