GGP 0.00% 0.6¢ golden gate petroleum ltd

ann out, page-15

  1. 1,291 Posts.
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    In my view not much SP action until they tap us for the balance $5m. They've obviously got the first $5m away hence the Rig on site on the 28th.

    It looks to me like we get $5m @ .007. Hence no interest at buying at .008.

    IMHO those that take up the offer will probably be able to buy more than their allocation due to the CR being undersubscribed.

    Thats why I think no action in the SP.

 
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