So another placement to sophisticates coming up. Is that three already this year?
Seems the joys of any flowrates will be first shared with sophs and other shareholders will be left to fight over the leftovers. Have these guys heard of rights issues before?
Seems as predicted, unsophisticated shareholders have been bent over and given the royal blockhole scrub for a third time this year. They should change the constitution of the company so that only sophisticates can buy its securities.
GDN Price at posting:
6.6¢ Sentiment: None Disclosure: Held