GDN 0.00% 1.7¢ golden state resources limited

makes me wonder why Cunninghams agreed to the recent cap...

  1. 2,661 Posts.
    lightbulb Created with Sketch. 89
    makes me wonder why Cunninghams agreed to the recent cap raising. Its not that GDN needed money to stay solvent and this recent cap raising didn't seem necessary. If it had been for a substantial amount...say for 5m plus it would have made more sense. I would doubt that they would have enough money to safely commit themselves to a drill.

    No idea really...just seems to be threading water im my mind.
 
watchlist Created with Sketch. Add GDN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.