GDA 1.67% 29.5¢ good drinks australia ltd

mak,Last time I checked, there is about $5 million up for grabs...

  1. 3,267 Posts.
    mak,
    Last time I checked, there is about $5 million up for grabs in GDAOC conversion funds if the share price doubles from it's current position which will bring the GDAOC to "in the money".
    I expect there will be about 50% of the GDAO converted short term ( for $500,000 cash) because they are so far in "the money" and profitable as a "head share". That's a short term expectation as when they invariably start trading at a premium, they'll more likely be "held" as an option.
 
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