almost a year since I posted on this thread and I see little has changed with one of Perth's laziest lifestyle companies.
So they've now sold their only real asset. AGO are desperate to prove up Corunna as soon as they can to get their ore reserves to a position where mine life is longer than the debt due-by date. It's a strategic decision by AGO to clean up the ownership but GDA will do little with the funds, other than buy their fridge back and fritter the rest on the morons running the company.
GDA Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held