GDN 0.00% 1.7¢ golden state resources limited

6cents is the new 7cents, page-2

  1. 1,521 Posts.
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    Sure is a fire sale. Cant understand this reaction to what appears to be good news. Maybe a last ditch to drive out the weak hands and nervous nellies. The sellers cant have an endless amount of shares can they. Anybody any ideas how many shares Cunninghams may wish to offload. They had a placement of 20 million shares at 3.3 cent to 708 investors back on Dec 7. What else do Cunninghams have. How many options was it. Just as I speak selling may be drying up at which time when they have run out of their share allocation to sell this will put a rocket under the SP.

    Regards

    MikePike
 
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