GDA 1.85% 26.5¢ good drinks australia ltd

prophetic watso, page-20

  1. 29,797 Posts.
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    sorry - watso just posted on the politics thread, and then checked on "latest posts" - and there was a post about "prophetic watso" - just a minute jayar, re

    "questions well avoided watso!! is there something you don't want us to know?"


    let watso look at it - ah ok, a response to a post by nzmicro and watso's post is simple

    if sbm exercise their rights to buy back into the parker range stuff, then gda become a screaming buy - no iffs, no buts. watso is not confident about parker range - but let the people at sbm determine that. the other prospects from gda are nothing more than moose pasture. if one goes back far enough, fatstocks was building a port at for the "wallal downs" prospect - and now fatstocks is talking about a feasiblity study for curruna (?) downs - and this is before gda have drilled one hole in the prospect.

    the next capital raising (around the corner) is going to determine the short term price of this stock. one thing for sure, is that it is not going to based on some wishy washy crap like - "shareholders are in for the long term and are not selling, and are waiting for drilling results" so please pay 20c per share

    watso half recalls reading somewhere, that drilling was supposed to be done on the parker range tenements in august . watso cannot be bothered looking for the report, but is 98% confident it is there somewhere, in general terms some companies also advise the exchange, that drilling has commenced, or is about to commencte, the only reason that this is important, is that it is only drilling results that wioll affect the share price in the long run. if the drilling is not done this quarter, then it will be done next quarter, but in the meantime, the company has spent about $750,000 - and is almost out of funds - which means a placement

    ok - refer you back to Post #: 3196370 by nzmicro, where he states

    "Placement will it be needed ? FS"

    maybe fatstocks is avoiding the question !!!!!!!!!!!

    just one point - the donkey who paid 13.5c for 7,500 shares, as the last trade on friday - which was 3c above the previous trade, won the "wally of the day" award - or does he know something?????????????????????


 
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26.5¢
Change
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26.0¢ 26.5¢ 26.0¢ $33.23K 127.0K

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5 115394 26.0¢
 

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Price($) Vol. No.
27.0¢ 34022 3
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