GDN 0.00% 1.7¢ golden state resources limited

thanks rkjk sue12 and andrewe, page-29

  1. 5,233 Posts.
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    why didnt they just take a placement at say 15c when the price was 13c. They could have bought 10 million shares and injected $1.5 mill into the company.
    8.3 mill shares would make it 5% of the company.
    No its better to buy on market and push the price to 33c lol.
    80% of the capital changed hands today.

    Speculators selling to eachother. you cant seriously think this company has big news up its sleave?
    I would be wanting blood from management if they did and let the share price drop to 10c.

    cheers
 
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Currently unlisted public company.

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