GDN 0.00% 1.7¢ golden state resources limited

placement at .11 for 7mil shares, page-54

  1. 14,981 Posts.
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    koro, sorry but I will take the well constructed views of ipod, poly and stockrock's just now, "for" this placement, agsinst your emotion packed few lines.

    Please tell me you know 7m shares are a drop in the ocean in terms of dilution

    43m shares were traded alone today mate, come on, stop trying to mislead people. As ipod mentioned I think it was, even if they dumped 7m tomorrow morning, it will likely make bgger all difference.

    In the overall scheme of things, they could have placed these much lower, but didn't. This will fund work now. This is still a punt, nothing is certain, but it's a blddy decent punt and will either hit our stops or make us a lot of money in a short timeframe

    It's pretty simple really
 
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