GBG gindalbie metals ltd
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Just took a look at the Coda website and they have announced an...

  1. wgly
    297 Posts.
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    14/03/20
    13:08
    Post #: 43492420
    Just took a look at the Coda website and they have announced an off market share sale. Shares were consolidated at $0.20 cents per share. The off market offer is $0.15 cents per share. A 5 cent haircut in seven months.

    https://www.codaminerals.com/wp-content/uploads/2020/03/20200312_CODA_Investor-Presentation-March-2020_Release.pdf

    Offer closes April 2

    When they recapitalise the dilution will be greater than first published

    Everything about this company is truly underwhelming, starting with the BoD
    GBG Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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