Ann: Quarterly Activities Report and Appendix 5B , page-4

re: Ann: Quarterly Activities Report and Appe... well spotted devils burden.

watso normally has 10 computer screens, covering gda daily activity; and employs a team of 6 analysts to keep watso informed of the potential of the stock. this in depth analysis, is the very reason, why watso can always be relied upon, to post hard hitting, in depth analysis of gda, on hc . a free service from watso.

sadly, watso missed that 0.2c trade. watso's eyesight is failing, and maybe 0.2c is too hard to spot. watso rides a pushbike, and cannot be bothered to stop to pick up the odd 5c piece, that he may see on the road side - so what chance has 1/5th of 1c to be noticed

the other day, watso was cycling along, and spotted a $2 coin, and watso stopped to pick it up. the moral of the story is that gda will need a 100 for 1 consolidation... no no - watso is wrong - a 1000 for one consolidation is needed - and only then, will the stock be noticed.


the company has indicated that the company is going to have an issue of shares, on the same basis as a recent placement - which was at 0.1c for one share, and a free option - which is exercisable at the same price.

this might be money for ham (strange how the j is next to the h - on the keyboard) - and forget about the suggestion of a consolidation - that only leads to another downward price spiral. this time, the lads at gda have worked it out.

shares on the asx, cannot be traded for less than 0.1c - so that establishes a floor price (ok - there might not always be a buyer) . the lads at gda, deserve an award for creative thinking. issue shares at 0.1c and with a bit of a ramp, the shares trade at 0.2c - and the options are worth 0.1c.

hang on - but everyone loves a cheapie, so a ramp could see a stock run to 0.5c (just have a look at the old datamotion share price) - which will make the options worth 0.4c. ... as watso mentioned - money for ham

hang on - where is kinghadi - but watso is ready to sell his house on this one, and underwrite the issue