massive rebound

watso is the first to admit, that todays trading has seen a massive rebound. guess, that it is impossible to keep a good stock down . up 8.5% in one day, is a brilliant return. watso has to admit that he tied up some funds for half a year, and the interest rate on offer was 8% per annum. just goes to show that watso knows nothing about investing, because if he had thrown the lot into gda, last friday, he would be up 8.5% in ONE day.

guess that watso will have to have a look at what the attraction is about this company

also noted that the oppies (gdaoc) traded at 6c (15,000 traded). those punters who weer lucky enough to pick up gda at under 20c (pre freebies) should be making a motza

let us all look at an example

buy 80,000 gda at 20c = $16,000

1 for 8 bonus issue of shares ie 10,000 free shares

3 for 5 bonus issue of oppies - ie 48,000 oppies

present value


90,000 shares at 12.5 = $11,250

48,000 oppies at 6c = $2,880

total = $14130

ok - that is a small loss, but the market is also down


looking at the numbers if one picked the stock up at 17.5c then they would be in front

as an aside though, the oppies are simply not worth 6c - but that is what someone paid for 15,000 oppies (air in his head)

anyway - up 8.5% in a day, when the market is down, simply goes to show that this stock is all class

better make sure that watso picks "sell" for sentiment - particularly for the oppies

shares might not be all that bad a punt though - but watso fears a issue on the way - and that could well be sub 10c