GED 0.00% 3.3¢ golden deeps limited.

They have a history of nothing announcements and I think now...

  1. 1,409 Posts.
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    They have a history of nothing announcements and I think now most are onto the game.

    Having said that, the form was established well before Jon joined and I was of the belief that he may have a chat with Martin and let him know that genuine announcements with substance are how the real winners win. Maybe Martin is just taking a bit of time to adjust to the new ways of working..
    The other mob are also flailing along with no volume or price movement so Jon might be on holidays.
    Hopefully they spend that $3m wisely - Id hate to think how much of the farm they need to give away to conduct another raise.

    This from the last raise announcement(10/12/2020)
    Golden Deeps will issue 234,922,646 fully paid ordinary shares, as well as 234,922,646 free attaching listed options (exercisable at $0.015 at any time up to 30 June 2021), at an issue price of $0.014 per share.

    So we know the bulk of the options expired. Peak got 5 million of them for managing the raise. Indicatively the bulk got out at break even or a pip one way or the other and very limited opportunities to convert the oppies. Below the 6 occasions the SP was over .014 since the cap raise...I don't know how to pull trade details on the Options as they are no longer listed.

    I think they have good land and prospects across multiple areas - Jon now needs to play his part to bring the reputation of management to where it needs to be and IMO we will see upside. He has $3m (less his fees) to get there I guess.... GLTAH & DYOR

    CodeDateOpenHighLowCloseVolumeValueTrades
    1GED15/06/20210.0150.0160.0130.014118,887,629 1741457432
    2GED10/12/20200.0150.0150.0140.0145,310,569 79166.5437
    3GED11/12/20200.0140.0150.0140.0142,352,038 32963.5321
    4GED14/12/20200.0150.0150.0140.0141,915,560 27726.5128
    5GED1/02/20210.0120.0150.0120.014120,818,406 1639796337
    6GED2/07/20210.0140.0150.0140.0158,843,099 123806.332
    7GED5/07/20210.0150.0150.0130.0135,251,495 73500.5538

 
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