GDA 5.00% 28.5¢ good drinks australia ltd

entitlement issue, page-4

  1. 603 Posts.
    When the SP was around 16-17c I was planning on maxing out the shortfall entitlement and flipping the whole lot for a quick profit.

    But the market has had the stuffing knocked out of it and the new equilibrium is at the breakeven point of 14-15c so I probably won't bother.

    I can take consolation the deal had enough downside protection to even survive a Resource Tax and a mini-GFC. But the horse has bolted, been shot, and there is no point in now trying to beat it.
 
watchlist Created with Sketch. Add GDA (ASX) to my watchlist
(20min delay)
Last
28.5¢
Change
-0.015(5.00%)
Mkt cap ! $35.67M
Open High Low Value Volume
29.5¢ 30.5¢ 28.5¢ $168.6K 573.1K

Buyers (Bids)

No. Vol. Price($)
2 28977 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 7972 2
Last trade - 13.35pm 29/11/2024 (20 minute delay) ?
GDA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.