GDN 0.00% 1.7¢ golden state resources limited

broker presentation, page-12

  1. 655 Posts.
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    Picked a few more up myself at .4c looking at the trades it was Mainly Large Dumps so to me that looked like freebies from deal got thrown out today with liquidity up causing them to trade at a discount to true value.

    Now that props have been pulled at .3c I read that as the seller/s may have slowed down and options move higher inline with heads in comming days.

    Long expiry of jan 2015 and excercise of 2c derisks these quite a bit and makes them great value for this unfolding story

 
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Currently unlisted public company.

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