GGP 0.00% 0.6¢ golden gate petroleum ltd

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  1. 141 Posts.
    Also not everyone will go for the $15k allocation. Therefore when or if this is scaled back, it will be done on a ratio to your requested amount, (please correct me if I am wrong here). I have previously posted, given a few assumptions (and that's it - they are assumptions) that I will go for the whole hog with a view to receiving about 50%, but if I get the lot I'm not too worried.

    Given the potential upside that is being gesticulated by SG over the next 6 months I would be surprised if the board made a decision to take more cash than requested. I see this as more of a gesture to the retail shareholders because there have been a number of dilutions due to SI placements.

    Anyway - I was pleased last night to win 2 meat trays at the local bowlo so at least my wife and I can now eat for a week or two! :)
 
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