GDN golden state resources limited

read this and ignore s12 to feel better, page-5

  1. 5,233 Posts.
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    no i dont describe you like that wally.
    average is average. do you describe yourself like that?

    my argument re the 28c which you have chosen to misunderstand is that the share price was below the excercize price.
    do you say that categorically no one would excercize their options if the share price was 28c on the day that the decision has to be made?

    It could bounce the next day on good news to 35c and they have thrown that money away. dont tell me they went and bought on market for 28c because that is not the real world. that is the fantasy world where every trade is a winner and u get in and out at the right time.

    My beef with T4P, since u brought it up, is about high side valuations that are ridiculously high and hence misleading. Have you bought MLX or TZN yet? They are worth $20 and $24 based on 10% insitu.

    cheers andrewe
 
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