GDN 0.00% 1.7¢ golden state resources limited

uranium prospectus out, page-18

  1. 4,734 Posts.
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    bungy 223,
    agree, what is the incentive for LT holders?
    We get to lock in our 1/4 shares at .25c on 28th Dec.
    Anybody taking up the IPO has till the 24th Jan 08 to pick up there parcels, still at .25c.with a minimum order of 8000 shares.
    Really there is no reason to take up the entitlement.
    GDN get to put our money on the short term market for 30 days, thats $12,296,000 at ??% x 30=(any body able to work out that figure?)
    Be a nice little earner there guvna.
 
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Currently unlisted public company.

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