it could be a good idea, to sell the shares and go to the pie shop , at the end of the day and buy a "left over" for half price. but then again, maybe hold on, and if the shares double in price, then you could buy a pie, in the lunch time rush - or once again, wait till the end of day pizza clearance.
watso sometimes cycles to the local shopping centre, at the end of day, to buy a reduced to clear pizza. the pizza is a bit salty - but the price is ok, and cheaper than the tight arsed tuesday pizza from pizza hut.
reduced to clear pizzas for $6.50 can be bought from the sale proceeds of 47 shares at 14.5c with enough left over for a phone call... just hang in there subi - maybe hang in long enough, and see the shares go to 30c, and buy a full price pizza at lunch time.
the alternative to hanging on, is to wait for the next consolidation - and if it is another 100 for one consolidation, then you will have half a share. sadly, watso is at a loss at what the sale proceeds of half a share will buy - but the local store was selling "out of code" sweets for 10c the other day.
watso is not sure if half a share can be sold, but shares can be sold for one tenth of one cent - so why not fractions of a share.
this is an amusing scenario....
subi... "hello broker, subi here... i have half a gda share - and sell at market"
broker.."market is 0.1c seller"
subi... "can we go in at 0.09c"
broker... "sorry - but one tenth of one cent is the lowest that is allowed"
etc
that market cap of just over $1m looks appealing
GDA Price at posting:
4.6¢ Sentiment: None Disclosure: Not Held