GGE 0.00% 0.6¢ grand gulf energy limited

entitlement and acceptance form.

  1. 587 Posts.
    Hi All,

    just got my Entitlement and Acceptance form in the post today asking me if I want 1 for 2 at .015c, given today's share price of 0.014 methinks this one is going to the recycling.

    Anyway, why would GGE go to expense of the SSP and not delay given the blow out? Surely they must realise that unless all there shareholders are charities then the take up will be close to zero? In the meantime they are also wasting my money in sending this out to every shareholder?

    Thoughts on this? From the announcement it looks like no good news in the next week or so to take the shareprice to a level that would make this offer worth considering and if we did have the cash it would be placed today on 0.014. Enough said, comments?
 
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