MAN 5.56% 3.8¢ mandrake resources limited

$1 to be achieved is about 15 times the current price of 0.07c....

  1. 10,980 Posts.
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    $1 to be achieved is about 15 times the current price of 0.07c. This would make a market capitalization of $300 million. Perhaps at this particular point of time and with CHN running hot, a figure closer to from $75 - $150 million would be more realistic. I am not sure what MAN has to show for a predator to gobble this one up. For a predator, it is the shortest way to expand through acquisition and an increase in market capitalization to get into the DOW ASX 300 or better through an exchange of its shares for MAN's shares. For MAN'S shareholders it means a retention of interest in Newleyline and the predator a priceless acquisition. For TG 's group, IGO, Anglo or the big boys, it is a way of arriving at the scene without going through the difficult process from the beginning. With today's creative minds of management, nothing is impossible. I have a tingling feeling that something is happening at MAN. I am hanging on tightly.
 
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Mkt cap ! $23.39M
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3.7¢ 3.8¢ 3.7¢ $8.15K 219.9K

Buyers (Bids)

No. Vol. Price($)
2 175800 3.7¢
 

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Price($) Vol. No.
3.8¢ 34877 1
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Last trade - 14.56pm 28/03/2024 (20 minute delay) ?
Last
3.7¢
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