On the surface, this looks bad...the smart money will be getting 60m shares on the cheap, total cost 2.5c per share. This is bad news in anyone language, the SP should be falling, not rising. But Why?
Surely, there must be a deal behind this transaction. The spike suggests it is not just another capital raising. Hopefully, it is the "corporate way" to regitimately mend the bridges. If I'm on the right track, we should hear good news from Africa soon.
Just my thought.
MAN Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
