GDN
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0.00% 1.7¢ golden state resources limited

how does it work, page-13

  1. Beans75
    498 Posts.
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    03/07/09
    13:53
    Post #: 5354545
    It forces everyone (current holders) into a corner. The compensation on the rights issue gives you the equivalent to the cost of share dilution. However, if you buy options you almost have to excersie your them otherwise your current shares suffer from the dilution.
    GDN Price at posting: 8.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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