GDA 0.89% 27.8¢ good drinks australia ltd

any views anyone?????, page-7

  1. 952 Posts.
    I would be patient with this one. The company has totally transformed itself over the past 6 months.

    The pull back in share price is due to punters that took the rights issue selling out some of their holdings knowing that they have been issued stock at 1.5 cents.
    Kinda makes sense.

    I would expect the share price to test support at 1.8 cents to 1.6 cents over the coming week unless gold has a doozy of a run.

    I will be buying GDA in the next 2 weeks as at anyting under 2 cents represents some reasonable value.

    cheers chooch...
 
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