GIR 0.00% $5.43 giralia resources nl

drop in sp presents an opportunity, page-3

  1. 53,839 Posts.
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    Trend reversal may be happening before our eyes....was oversold IMO. Looks likely to crack 30c plus again next week if I am right. If that eventuates, it will be very bullish.

    Subject drop in sp presents an opportunity
    Stock Code GIR - GIRALIA RESOURCES NL
    Posted 23/09/06 16:55
    Posted by macrae12 - Banana
    IP 211.27.xxx.xxx
    Hotcopper Radio GIR on BoardRoom Radio
    Post #1267983 - 43 reads
    Start of thread

    Drop was largely due to the stock having shed all but 12% of its U308 shareholding through a distribution to shareholders.

    Giralia is now proposing a one-for-two issue at 1¢ for options exercisable at 25¢.

    Looks cheap

 
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