I don't get all this.
From reading a number of posts, are people here telling us that GDA is rising hundreds of per cent because the company is going to issue more scrip to shareholders who will pay good money for these shares and so further dilute the issued capital of the company?
So I have some questions for these posters:
1. Does that mean companies no longer need to have any exploration success?
2. In order to make massive percentage profits for its shareholders does a company only have to issue heaps of discounted scrip? Nothing else?
just a sec ...
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Last
28.0¢ |
Change
0.015(5.66%) |
Mkt cap ! $36.99M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 28.0¢ | 26.5¢ | $15.30K | 56.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 64816 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 12121 | 1 |
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| Last trade - 15.42pm 04/09/2024 (20 minute delay) ? |
| GDA (ASX) Chart |