GOA
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0.00% 0.2¢ gold anomaly limited

18 for 10 rights issue, page-13

  1. BazTokyo
    1,989 Posts.
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    15/03/13
    11:10
    Post #: 11542270
    If you do treat it as a complete gamble with odds worse than the casino. According to the accounts some 42m plowed in as holder equity and at current sp company cap is 3.3m. I think the odds at the casino are about 1 in 7, so given the cap of goa it's currently at 1 to 13 or so. Since both sets of numbers are historical with no forward predictive data, I'd go to the casino and the odds are twice as good as goa in winning - plus the casino occasionally throw out bonuses if you play the reels.
    GOA Price at posting: 0.1¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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