GDN 0.00% 1.7¢ golden state resources limited

agm vote tomorrow

  1. 420 Posts.
    only a few things to vote on here
    one thing being the resolution to place 20m shares for the gas deal / proposal.
    this would still leave the company with approx <160m shares.
    may need funding for this, have to wait and see.

    as usual, directors love to give themselves options for doing nothing more than there job, a job which they are paid for, probably paid more than they deserve.
    good thing is though that the shares have to reach a certain price before options can be exercised.
    although this price is only at 2.5c this may well reflect a very cheap entry price for option buying.
    options are holding well at 1.6c and tomorrow could see the price rise significantly if the gas deal is any good.



 
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