GGP 0.00% 0.6¢ golden gate petroleum ltd

Ann: Permian Project - SRH 5H on Gas Lift , page-8

  1. 1,720 Posts.
    I'm believing that noteholders are the only clued up ones in this company

    And IMO you may see them wait for an anticipated consolidation of shares which would then possibly see the SP move lower than the lowest possible now of 0.001 - all the better for their conversions, if the remaining notes convert now what do they get, 743 million shares but at 0.001 or even lower after a consolidation how many then do they get in lieu of their notes?

    Nearly 1.5 billion plus also add on Lind conversions and tranches

    Maybe many more if consolidation occurs
 
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