GDN 0.00% 1.7¢ golden state resources limited

gdn does it have the potentia to go bk to 1dol, page-9

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    RS sold 6.9m shares at ave price of .26 which gives $1,794,00 and converted 2.9m options @ .20 = $580,000. Profit made $1,214,000.

    Reason given for this share sale was for tax and exercising options.
    I would suggest that the $1.2m has gone to the ATO covering CGT on sale of shares back in 2006 when they hit $1 plus.
 
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