Take home points: - Higher than expected cash from WCU - No capital raising before year end - Optimism about options being exercised (although this is a little bit far fetched).
So, all this talk of capital raising and bankruptcy has been proven wrong. the potential survival and prosperity of GDN will cause significant anxiety amongst some less charitable spirits floating around HC.
Can't help but think that the low, lows of recent weeks have been orchestrated as the WCU sale would not have been top secret and the transaction has a huge impact on GDN's prospects, given short-term funding risks were the major problem.
GDN Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
