GDN golden state resources limited
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  1. veeone
    7,438 Posts.
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    28/04/11
    11:27
    Post #: 8321934
    The placement has been undertaken at a significant premium to the recently announced reconstruction and recapitalization proposal.

    Both are 1 cent so how do they get significant premium??

    80,000,000 shares at an issue price of 1 cent per share through Otsana

    320,000,000 shares at an issue price of $0.01 per share
    GDN Price at posting: 2.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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