GDA good drinks australia ltd

crash landing not far away for punters

  1. 31,765 Posts.
    lightbulb Created with Sketch. 4
    wow - just a read of the threads - and there are posts like "10c next week"; "lift off not far away" etc - and then there are posts within the threads, offering targets like 7c etc.

    a quick look through the quarterly, would suggest that borrowings are now about $400,000 (look at the year to date figures - and the difference between borrowings, and repayment of borrowings).

    interesting, that in the cash flow report, the company mentions that the company has arranged a capital raising, by way of a rights issue to raise approx $1,500,000 ,,,mmmm no actual right issue has been announced - anyway, that would indicate about 200m shares at .75c - or a 2 for 5 issue - and after repayment of debt, then that would leave $1m for the company
 
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