GDN 0.00% 1.7¢ golden state resources limited

the significance of today's ann

  1. 405 Posts.
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    A lot of people missed one very important signal from today's ANN IMHO. Today's ann is NOT about getting the sp above 12 cents, it's about getting the attention from the big boys. IMHO, management has achieved this purpose. Just look at the volume and the sp.

    Also, read today's announcement very carefully again to see how the ann has been drafted.

    IMHO, I believe, there will be plenty of talks about a takeover behind the scene from today. Regardless of whether there will be any results from these talks, IMHO, I think a lot of people fail to see the effect of these talks. If and only if, in the next 6 to 8 weeks, management announced that investors had approached them for a takeover or the likes. What do you think the market will react?

    Bingo, options money is in the bag. Think about it again. DYOR.
 
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