GDN 0.00% 1.7¢ golden state resources limited

I thought a lot today and came to a conclusion even I was really...

  1. 553 Posts.
    I thought a lot today and came to a conclusion even I was really frustrated.There is assurance obviously that the SP will not go below 3Cents. Otherwise why the sophisticated investors will invest ATM? May be this is the beginning of upstream for GDN. I guess (just my feelings)the next announcement will say that more than 2 million cubic feet gas is producing from PB#1 and PB#3. Probably this is a preplanned game and investors must have assurance from the management. Otherwise why they would invest if there is no hope?
    Do you think that those investors just invested to sell at 3.3 cents and make only some thousands profit?
    My feelings something going on with GDN and SP will start going north soon. So I will hold till end of this.
    May be directors know the best answer.
 
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Currently unlisted public company.

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