GGP 0.00% 0.6¢ golden gate petroleum ltd

Place an order in at .001 and just pray by some incredible...

  1. 4,600 Posts.
    Place an order in at .001 and just pray by some incredible miracle that there will be an unusual spike in volume to generate some buying into .001 queue

    This happened few months ago with KIK, not sure why volume increase but who cares just as long as bids might possibly hit your order.

    Only other possibility is share consolidation, but there would likely be a mass rush for the exit and you'll be lucky to get a fraction of your initial investment back, but it will allow you to sell and then claim a capital loss if you've held the shares long enough.

    If the company is delisted and files bankruptcy, by Australian accounting and tax laws, I'm pretty sure that voids any possibility of being able to claim a capital loss.



    Kat.

 
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