GDA 1.69% 29.0¢ good drinks australia ltd

Will be interesting to see what sp movements occur this week and...

  1. 3,267 Posts.
    Will be interesting to see what sp movements occur this week and if volumes increase in anticipation of the announcement on the samples from the new iron-ore prospect in the Pilbara which the ceo said were expected next week. Gondwana stacks up well in terms of a high "if " value factor.
    MNM and mxr have moved on good news on their phosphate and vanadium iron-ore ( respectively) and I think some good news on the 100% Gondwana owned corunna downs Fe prospect might surprise the market. Little is known about the tenement so it rates a high "if" factor.
    Due diligence is also currently under way and some resource data from the Chinese jv may be another key piece of news with price sensitive potential. The ceo has been spending a considerable amount of time in discussions with the Hong Kong potential partners which when announced to the asx, could be a positive for GDA. Let's hope there is more than the normal 10 minute pre open when the news on both arrives so that we have time to read the announcements and interpret the potential impact.
 
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-0.005(1.69%)
Mkt cap ! $38.31M
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28.0¢ 29.0¢ 28.0¢ $10.58K 36.52K

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30.0¢ 38751 3
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