GDA 4.24% 28.3¢ good drinks australia ltd

sorry millsie, but it could be that watso, in his post was...

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  1. 21,227 Posts.
    sorry millsie, but it could be that watso, in his post was wrong.. the following is from
    watso's post..

    "but will that be 800m shares at .01c, or 400m shares at .02c???"

    looking back, but watso should have posted the following

    "but will that be 800m shares at .1c, or 400m shares at .2c???" .

    50 years ago, watso could go to the local deli, and buy a penny stick (some lolly), for a penny (about 1c) - , and on the stock market,the cheapest share cost a penny (plus the stockbroker fee) .

    50 years later (ie compared to 50 years ago), the cheapest lolly costs about 20c - but watso can buy 5 gda shares for a penny... ie the cost of lollies goes up, but the cost of shares goes down... that must be the result of QE (quantitative easing) - there is no obvious difference between printing euros/dollars, or gda script

 
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