GDA 3.39% 28.5¢ good drinks australia ltd

The management seems to have forgotten who put up their seed...

  1. 1 Posts.
    The management seems to have forgotten who put up their seed capital and supported them through the years. Existing shareholders received an estimated 20% of the offer allowed when the new institutional buyers received an excessive or disproportionate number out of the offer. This seems to be a heavy handed decision by management for no apparent reason. Why would they do this to their smaller shareholders?
 
watchlist Created with Sketch. Add GDA (ASX) to my watchlist
(20min delay)
Last
28.5¢
Change
-0.010(3.39%)
Mkt cap ! $37.65M
Open High Low Value Volume
28.5¢ 29.5¢ 28.0¢ $14.91K 52.65K

Buyers (Bids)

No. Vol. Price($)
1 1508 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 20547 5
View Market Depth
Last trade - 15.46pm 16/05/2024 (20 minute delay) ?
Last
28.0¢
  Change
-0.010 ( 1.75 %)
Open High Low Volume
28.5¢ 28.5¢ 28.0¢ 20600
Last updated 15.17pm 16/05/2024 ?
GDA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.