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0.83% 29.8¢ good drinks australia ltd

rationale for a 150 for 1 share consolidation, page-3

  1. johnnydust
    2,392 Posts.
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    06/01/11
    10:35
    Post #: 7693606
    Without liquidity if there was a 150-1 consolidation the sp would be back under $1 in a couple of months. There has to be good news and the prospect of a return on investment. Why would instos invest in a stock, regardless of the price if it was just a spec explorer stock with no income and not really much hope of income. SBM is a whole different kettle of fish, they are a producer, GDA isn't.
    GDA Price at posting: 1.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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