GDN 0.00% 1.7¢ golden state resources limited

on the line, page-14

  1. 1,417 Posts.
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    Sorry Byron

    Can't use the rogue trader excuse. GDN management said they would show the market the "true value" of the company, even implying that some of the options may be exercised. That means they believe the market cap should be over $60 million instead of the current $15 million.

    Where are the valuations and the "roadshow" that was going to show us why GDN is, in fact, not worth $15 million but actually $60 million?

    This is has nothing to do with traders, manipulation etc. Either GDN is worth more than $15 million or it's not. I hope they can convince the market that our shares are worth much more than 3 cents.
 
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Currently unlisted public company.

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