GDA 1.67% 29.5¢ good drinks australia ltd

Hey watso, Im a relatively new to share trading, although have...

  1. 617 Posts.
    Hey watso,

    Im a relatively new to share trading, although have not yet lost on a stock. Started trading 1.5 years ago, and truly have not exited a stock without money in my hands (with the exception being OZL when i came out at even money)

    Now, with GDA, im fairly down 40%+. I bought in at 6.5, It seems you know what you are talking about.

    When you say capital raising..etc What does this mean EXACTLY for shareholders?
    Can you put it in liemans terms, cause im struggling a bit. The board looks to shareholders to raise capital (equity capital right?) But what is the options, and 1 for 2c stuff...

    If these shares went to 2c OMG i would pass out.
 
watchlist Created with Sketch. Add GDA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.