GDN 0.00% 1.7¢ golden state resources limited

update out, page-49

  1. 254 Posts.
    WTRT/30, I was not suggesting a conspiracy theory - just normal action by ppl who have a strategy in buying at the best price they can get - why not?

    Point is, not much action happening considering huge numbers were handed out at net price below 3c and total of over 500m other shares issued. The holders who got them so cheap are at least demonstrating some faith in GDN.

    One of my mates got in fairly big on the soph share placement but is going with it for long term - reckons that GDN will be justified as a very good stock over the next few years, many other Soph's will most likely be doing the same.

    Not everybody is the same as most of us on forums - many base their long term investments on fundamentals and where they think it will be in a few years - that is why I think we are only seeing small volumes.

    All MOHO DYOR
 
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