there are two dates that may be confusing.
the first is has passed....it was the rights........the notice today advises that it was succesfully fully subscribed and gives a brief overview of how the funds are to be invested.
the second key date is to be announced soon for a meeting of shareholders to vote (this moth) on a 1 for 10 consolidation of capital,it is eligible for those that buy GDA and hold through the ex date ( which we are waiting for in the announcement to be made soon) for the pending bonus ( 1 free GDA for each 8 held ) plus 3 free options (GDAOC) for every GDA held. You don't get the bonus or free options if you own the options ( unless you buy the options and convert them to the GDA share), only holders of GDA shares themselves will be eligible if all proceeds according to that which the companyas advised in previous asx notices .
see my previous posts for commentary about the bonus and free options as part of the consolidation.....
click on the "fatstocks " link near the post reply or where ever "fatstocks" is in light blue,it will link you to the previous reviews etc.
cheers Fatstocks
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