GDN 0.00% 1.7¢ golden state resources limited

Why will directors want to double the shares on issue, They...

  1. 5,942 Posts.
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    Why will directors want to double the shares on issue, They havent cared up to now, & they've parted ways with the biggest holder of oppies (assuming Cunningham's are still holding the 75% they had to underwrite - I think highly unlikely) Does our new finance partner really have any vested interest in seeing the oppies in the money. It's blatantly obvious everything they have been issued to their SI's has been quickly returned at profit. The day the directors start buying up big is the day we should bother taking a LT position.
 
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