31/1/2008 - Next 5b - Should be getting closer to telling us how much cash is left in GDN - Should not be much at all.
But we probably won't find out the truth until March with the Half Year accounts - will tell us how much GDN actually had in net assets at 31/12/2007.
IMO they are stuffed stuffed stuffed
IMO I think someone fights the share slide when there is little activity in the market - spotting it up a couple of cents on low volume.
IMO the IPO is their next capital raising as I would suspect it would be very hard to convince even the worst brokers to get them some cash at the current share price.
IMO until the company's true financial situation is known - I think enough information has been released to put up a warning signal.
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held