GDA 0.00% 30.0¢ good drinks australia ltd

rationale for a 150 for 1 share consolidation, page-3

  1. 2,392 Posts.
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    Without liquidity if there was a 150-1 consolidation the sp would be back under $1 in a couple of months. There has to be good news and the prospect of a return on investment. Why would instos invest in a stock, regardless of the price if it was just a spec explorer stock with no income and not really much hope of income. SBM is a whole different kettle of fish, they are a producer, GDA isn't.
 
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30.0¢ 31.5¢ 29.0¢ $232.7K 769.2K

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32.0¢ 3635 1
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