GDA 0.83% 29.8¢ good drinks australia ltd

Apart from the entitlement there is a vote on wed for the...

  1. 10,175 Posts.
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    Apart from the entitlement there is a vote on wed for the placement of 100m shares and upto 100m options.
    That's to be issued up to 3 months after the agm and still have the option available of placement under the 15% rule.
    I'm only holding gdao so won't be taking part but will buy some more gdao when i can get some funds if still available under 1c.
    Directors underwriting plus they want 20m in the placement and taking full entitlement.
    Even on friday there was a bot that sold into 1.4 so they want full underwriting imo.
    It's corunna downs imo.Waited this long another few months to go.
 
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