At your bbq, what did you overhear (from yourself :))about the timing for the issue? In their last report (9th Feb)they said that they will announce the issue ASAP (or words to that effect). Understandably these things don't hapen overnight, ie preparation of prospectus, ect, however it has dragged on a bit. Over the last few trading days, the SP is trying to stabilise at 2c, so there is a little bit of action, but no details on offer - is there a reason for suport at 2c? Perhaps negotiations with a white knight?
Any speccies on this speccie? I am at a loss, after initial reports during 2009 looked promising.
For the record, I have a reasonable chunk of GDA which is averaged at just over 4c, so not doing too well at the mo.
GDA Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
