GDN 0.00% 1.7¢ golden state resources limited

risk of a large doilutive share issue, page-12

  1. 952 Posts.
    re: re:/emma/ risk of a large doilutive share issu A discount to what.

    At 4.5 cents I dont think you are getting a discount. Yes it is cheaper than buying last week at 5 cents to 5.2 cents but it is somewhat more expenssive at 4.5 cents than buying 4 weeks ago in the low 3's and six weeks ago when buying at 2.6.

    Dont misunderstand my negative on the stock "price" at this point as a negative on the compnay. I only suggest that it may be cautious to hold of buying GDN till somemore info is put out by the company as to what steps they are taking next. That way an informed decision may be made instead of a decision made by speculation by over exuberant speculators.

    The floor under GDN is not as solid as it may appear if things do not work out as some people may want it to.
 
watchlist Created with Sketch. Add GDN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.