re: Ann: Results of Non-renounceable Entitlem... great news from gda, where they announced that the company has been able to issue most of the 200m shares that were offered in the recent rights issue.
it seems that there was a big dump of about 16m shares at 0.6c, with buyers now at 0.5c.
9 months ago, in a hard hitting post (#5718066) , watso was calling the stock an outstanding buy, for those looking for a tax deduction - with a target price of 0.5c. with buyers at 0.5c, that is close enough for watso.
it cannot be long until their is another issue - but will that be at 0.4c, or 0.48c.
Ann: Results of Non-renounceable Entitlement Offe, page-3
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