GDN
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0.00% 1.7¢ golden state resources limited

gdn does it have the potentia to go bk to 1dol, page-9

  1. pecora
    23,528 Posts.
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    30/09/07
    11:05
    Post #: 2850258
    RS sold 6.9m shares at ave price of .26 which gives $1,794,00 and converted 2.9m options @ .20 = $580,000. Profit made $1,214,000.

    Reason given for this share sale was for tax and exercising options.
    I would suggest that the $1.2m has gone to the ATO covering CGT on sale of shares back in 2006 when they hit $1 plus.
    GDN Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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