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.
GDN Price at posting:
6.5¢ Sentiment: None Disclosure: Not Held