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1.67% 29.5¢ good drinks australia ltd

media release 19th oct 2009, page-22

  1. matchbox20
    10,175 Posts.
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    20/10/09
    08:30
    Post #: 5802605
    Last year around june there was about 69m shares on issue and at present about 318m.
    When it was 33c the market cap was about $23m.
    Now at 8c the market cap is about $25 undiluted.
    That's why it's having a re rating.
    If corunna downs turns out to be of value it's market cap should be $40m just on this without the gold/u/mol/copper.
    GDA Price at posting: 7.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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