GDN golden state resources limited

new shares issued, page-3

  1. 374 Posts.
    Yeh,

    However, the issue here is that there is another tranche to come, so the people who got these will get the next lot. So i'm sure a lot of them will probabaly sell in order to take up the next tranche.

    These 25,000,000 were issued at 4 cents each, plus a free oppie (which are currently trading at .008)

    So technically these shares were issued at 3.2 cents each (another way of looking at it)

    I'm sure a reasonably large % of them will be sold.

    Having said that if solid volume can continue in the stock most of them should/could be churned out easily.
 
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