You're missing my point greg and i agree with you. There are quite a few back door listings happenening atm and they already have a m/c 2 or 3 times that of GDA and we don't even know what they are getting and how many more shares they will have to issue. GDA don't have the cash but their tenements all look very promising fron corunna downs and lindsays nickel to a few others. Only if they could get their act together.
The buying on tuesday looked very strage to me. There were 3 x 1m buys at 1.4 even though there was no bids at that stage at 1.3.
If the 1.4 goes it might move. The 7m was at 1.8 last week and then at 1.6 and now at 1.4 Waiting with interest.cheers
GDA Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held