The 2.9c is yet another rolling year high on the GDAO, why would...

The 2.9c is yet another rolling year high on the GDAO, why would anyone be offering them for sale?
The heads are showing strength and with such a long time till conversion and only 1c at that, there is so much leverage for tracking the heads.
Even the GDAOC which has a shorter conversion time frame and a higher conversion price offers good leverage if the heads keep moving as they have been.
If there wasn't much action on the heads you could see why but the large slabs being bought every few days gives some indication of where this is moving up to. If the heads go over 10c some time soon, well, the maths are pretty easy.

The heads trading today is currently close to the vwap of 3.9756c. The 10 million shares traded has further drawn out sellers which weakens the resistence to higher price moves.
14.2m to 5.6m on the total market buy/sell depth.
Some day trading but the continuation of the more than double buy over sell volume suggests the buying is accumulation whihc is great for GDA going forward.
(:-)
5c next week? We'll see if the momentum continues in the next few days trading I expect.