GDA 0.00% 29.5¢ good drinks australia ltd

crash landing not far away for punters, page-4

  1. 21,227 Posts.
    yeah yeah timbo - you also wrote the following in a post

    "I can promise you she's about to run soon"

    the share price at the time was 1.4c.

    a promise is a promise - and watso mentioned something about inside info. how can a person make a promise, if he has no idea.

    some companies leak like a sieve. however, sticking to facts - the company has mentioned something about a rights issue - to raise $1.5m - after paying for outstanding loans - that leaves $1m for the company - which means another issue is 6 months time.

    at the present share price, an issue would have to be made at .75c - and maybe throw in a free option - that will bring the issued capital, up to 700m shares, as well as heaps of options.

 
watchlist Created with Sketch. Add GDA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.