GDO 0.00% 30.0¢ gold one international limited

I'm on a yellow card from the mods for potentially having a go...

  1. 539 Posts.
    lightbulb Created with Sketch. 9
    I'm on a yellow card from the mods for potentially having a go at mgt and thus need to be nice from here in.

    What i can say is this,
    - The options holders who bought on market have lost out, which is poor form IMO
    - Mgt who were given options are able to profit
    (observation and not having a go)
    - There is a sea of dilution with 375M shares at 40c
    - A myriad of "get out of jail" free cards, aka conditions, this deal is not over yet
    - 55c is a small short term gain and IMO shareholders were far better off without the last two deals.
    ME was a cash cow and the company was finally gaining traction in SP and interest levels.
    - 55c was 2c below my guess
    Mav
 
watchlist Created with Sketch. Add GDO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.