GDA 7.02% 26.5¢ good drinks australia ltd

1 for 8 share bonus and 3 for 5 free options , page-5

  1. 3,267 Posts.
    The buy sell market depth shows 1.224m buy side and 979k on the sell side.

    vwap 18.5c
    204,500 traded
    up 2.5c (14.71%)
    GDAOC up 1.5c (22.39%)
    Both GDAOB and GDAOC very much in the money

    now that we know the certainty about the entitlement date the buying should start taking out the thin sell levels with the first resistance being around the 22c - 23c levels.
    The one free bonus for every 8 GDA owned and the three free GDAOC for every 5 GDA( GDAOC last traded at 6.7c) is about the best bonus and free option deal on the asx.

    say someone owns 10,000 GDA at the close of business/trading on the asx on the 15th of July 08 ( next tuesday), they will receive 1,250 free GDA as the bonus shares.
    They will also receive 6,000 free GDAOC with an exercise date not until 30 June 2010 ( at only 12 cents each).
 
watchlist Created with Sketch. Add GDA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.