GDN 0.00% 1.7¢ golden state resources limited

placement, page-5

  1. 408 Posts.
    Agreed. Everyone knows they still have some shares up their sleeves and will release them when neccessary for financial aids.

    1. They could have waited for this and then get in if the SP goes down at about the same level as the sophisticated investors, but no they got in at higher because they thought the SP will rocket and make quick bucks. Its all their decision and now complain.

    2. If the SP stays at aound 6c next week, it does not hurt and if it goes down to the low 5c then they still have an opportunity to buy at the same price as placement.

    3. Why didn't they buy when it was in 4c - 5c, because they did not believe the SP could get up to 8c. Its all to do with their research and analysis based on what they heard and thought. So, who is there to blame ?

    4. At the end of the day, the successful of PB#3 is the key
    and once it happens the SP will be where it supposed to be
    without any doubts.

    Anyone who wants to day trade/short term trade on GDN should be careful and accept the consequences for their decision as its not easy as you think and expected.

    Just be patient and we will get there.

    IMOO
    DYOR

 
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Currently unlisted public company.

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