GDA 0.00% 29.5¢ good drinks australia ltd

Ann: Consolidation of share capital , page-4

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 21,227 Posts.
    wrong strauss - the previous consolidation was only 1 for 10

    a few years ago they did a 1 for 10 reconstruction, but at the same time, they had a 1 for 8 bonus issue - and tossed in a 3 free options, for every 5 shares held

    see report from july 9 2008.

    the gda cheer squad at the time, were declaring that money was growing on trees.

    after the consolidation, the shares may have traded at about 30c (or maybe 25c) - but within 6 months, they were trading at about 1c - and eventually, the shares went down to one tenth of 1 cent - and there was a 100 for one consolidation
 
watchlist Created with Sketch. Add GDA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.