GDA 0.00% 29.5¢ good drinks australia ltd

as usual, it was probably silly to pick up stock in any pre xmas...

  1. 21,227 Posts.
    as usual, it was probably silly to pick up stock in any pre xmas sale - as time and time again, it has been proven, that the boxing day sales, offer a bigger discount.

    gda at 5.1c is virtually a 2 for 1 offer.

    despite the market cap of a bit more than $600,000 - it could be an idea to steer clear of this stock. the company has indicated that it might make a bid for amazon resources (which would be a backdoor listing for amazon resources) - there will be massive dilution - and shareholders could be asked for more funds
 
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