GBG 0.00% 2.9¢ gindalbie metals ltd

Ann: Equity Raising Presentation , page-14

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  1. 12,191 Posts.
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    paps100,

    probably on the company register 200K is still considered as a retail investor and hecne if you hold anything above $500 upto a certain amount its all classed as one...

    sure it is a disadvantage to someone holding 200K and I that is why I know some have different accounts for themselves, their partner and their SMSF to get the most out of such offers...

    I think the sp will drift towards the $1-$1.05 mark and the spp will find a price around 98 - 99c.. so the spread will not be that mch if you can buy from the market if you need more....just my out-of-the-thin-air calculations...
 
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