GGP 0.00% 0.6¢ golden gate petroleum ltd

Ann: Entitlement Offer Take Up , page-6

  1. 333 Posts.
    I wouldn't rule out a small pull back as some shares are dumped, no doubt some will take the immediate gain from entitlement. Either way ill be topping up on any weakness to make up for what I didn't get of my over subscription.

    Was great to see so much interest from share holders, almost had enough funds to not need the underwriter. damn shame they couldn't have just allocated all the oversubscribed shares than have underwriter take up the slack. Most likely see some weakness as these shares are off loaded from the underwriter as well.

    Sooner we get some updates regarding the PB acquisition the sooner the excess shares can be sold to market, the sooner we will see some solid gains in SP.

    Onwards and upwards
 
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