years ago, it was mentioned, that a company listing on the stock exchange , was worth about $5m.. ok - could be a bit sus - but a listing must be worth something .
using the number of shares on issue, and the current market price, then gda have a market capitalization of about $620,000... (not sure where the market cap of $750,0000 , that is shown on hc, comes from ).
gda must have some cash in the bank - even after allowing for a few bucks being lent to amazon resources.
watso would love to get control of this company - maybe $300,000 (by buying shares at the current market price) would give control - in the end, that would give watso director fees of a few hundred thousand dollars per annum, and watso could rent out the garage, complete with a chickybabe, to answer the phones, for another few hundred thousand per annum.
ok - watso is prepared to pay 6c for every share, that is offered to him, in the coming week (subject to terms and conditions) - and fletch, watso will be happy to pay you 30c for your holding - but you have to pay for the cost of the phone calls - and in any phone chat, watso charges at the rate of $2 per minute (charges costed out at at 1 minute blocks - minimum)
GDA Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held