GDN 0.00% 1.7¢ golden state resources limited

why should fully paid holders suffer, page-26

  1. 6,059 Posts.
    lightbulb Created with Sketch. 619
    Option, "wheres the sympathy for the fully paid holder on the way down..there is none..and we dont expect any either."

    Those people who watched the heads slide are the very same people who supported the fund raising, to see their company progress as oposed to blatant gambling as you see it.

    People supported the fund raising on the assumption that PB3 would be completed within expiry & not on the basis of the SI free listing screw over. It is blatantly obvious the optoin holders have been shafted on the second point, little harder to argue the first point as incompetence or intentional timing.
    & to a lesser extent the heads holder has been hit hard, though there is the luxury of time to get money back in a year or ten from now.

    TCF you might well be right with memory fading, but it will take a lot of new money to change the registry dynamic. perhaps in a year or more from now a decent flowing PB4 might be the creator a long term uptrend. A share consolidation is also a possibility at some point.
 
watchlist Created with Sketch. Add GDN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.