GDA 1.64% 30.0¢ good drinks australia ltd

debt consolidation

  1. 17 Posts.
    I am a holder of FDL and GDA stocks from circa feb this year, and am very new to the stocks game.

    I am UK based!!

    I have observed from the side lines fatstock etc putting in some very valid points on gda

    I have a question and I hope its not a ridiculous one.

    I notice that GDA are debt consolidating on a 10-1 reverse split on 3rd june this year-subject to approval.

    I understand what this means ie 10 shares at 2.5c will become 1 share at 25c.

    What does this mean for the overall share price as surely this will leave gda at 25c a share which at the current moment would seem very high for the non inferred resource status.

    Any help appreciated as i have some cash and FDL GDA or Maximus are going to get it...this whole game is like juggling mercury!!

    let me know folks.ta dan

 
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Last
30.0¢
Change
-0.005(1.64%)
Mkt cap ! $39.63M
Open High Low Value Volume
30.0¢ 30.0¢ 30.0¢ $6.646K 22.15K

Buyers (Bids)

No. Vol. Price($)
3 8043 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 32424 2
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Last trade - 12.42pm 12/07/2024 (20 minute delay) ?
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