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
- Forums
- ASX - By Stock
- GDA
- Ann: Consolidation of share capital
Ann: Consolidation of share capital , page-4
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GDA (ASX) to my watchlist
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online