GDA 3.64% 28.5¢ good drinks australia ltd

unbelievable opportunity

  1. 704 Posts.
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    GDA are about to present an unbelievable opportinity in the coming weeks.seriously the next few weeks should see a buying frenzy to grab stock to recieve this chance at a freeby that doesnt come along very often.i for one have taken a position and believe the only way is up.below is an example of the opportubity that presents itself.if i am wrong please correct me.

    if one buys 100,000 gda shares post consolidation which should occur monday or tuesday.

    100,000 GDA cost 29c post 10:1 = $29.000

    for every 8 shares 1 free fully paid share valued at 29c

    one will recieve 12,500 free fully paids = $3,625 worth

    for every 5 fully paids shares one will recieve 3 options exercisable at 12c so equal to gdaoc value currently 1.8c so post 10:1 will be 18c.

    one will recieve 60,000 options = $10,800

    now for an initial outlay of $29,000 the return after free shares

    initial 100,000 = $29,000

    free fully paids = $3,625

    free options = $10,800

    total =$43,425

    thats a return of 50% without share price going up from these levels.

    surely come annoncement of ex date there will be a mad scramble to get in and as price rises the returns a greater if bought at the low price we are currently at before the rush comes to get on.how often does an oppetunity like this come along on the asx.these returns arent even factoring the posibilty of a number of possible announcements that are around the corner that could shoot the share price up considerably.good luck to all.
 
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Last
28.5¢
Change
0.010(3.64%)
Mkt cap ! $37.65M
Open High Low Value Volume
27.5¢ 28.5¢ 27.5¢ $21.64K 78.06K

Buyers (Bids)

No. Vol. Price($)
1 455 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 41800 2
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
GDA (ASX) Chart
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