GDN golden state resources limited

Yeh,However, the issue here is that there is another tranche to...

  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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