unbelievable opportunity, page-6

Mr 47,
Spot on.
I have been following the market since 1969 and can't recall such an opportunity. ( There probably has been but I can't recall it, when we are talking about an exploration company with a low market cap' and diverse multi prospect potential and pipeline of announcements). There have been a few with one or two of these but not all three that I can remember.
The free options and bonus shares are not speculation now, they are fact as a result of the vote on Friday. The share price could have been held back pending the vote as there is ever certainty until the vote.
The reports from the meeting indicate the company are holding their cards close to their chest regarding announcements about the Pilbara iron=ore prospect samples from Corunna Downs and the Chinese due diligence. A big six months on the way for Gondwana it seems.
I suspect the large orders being snapped up in the last couple of weeks were larger players taking up early positions.
The share price movements will be in half cent movements next week instead of 1/10th of a cent so there could be some volatility while the market gets used to the 30c levels.
Previous highs around 5c pre consol equate to 50c post consol' for comparative market cap' purposes.
How close the trading gets to those levels will depend on the volumes and if there is a scramble for the certainty of the bonus shares and free options as you point out.
When the shares go ex' I'd expect some selling to become free carried but this didn't occur in January when the rights issue occurred because there was the exploration update which triggered the initial re rating from 1.5c to 3c ( 15c to 30c post consol').
An announcement of a new potential resource from the sampling in the Pilbara or other unexpected news or exploration update could have a similar effect in pushing the market cap higher rather than lower.
We will have to wait and see.