Australian (ASX) Stock Market Forum

GDA - Gondwana Resources

tech/a

No Ordinary Duck
Joined
14 October 2004
Posts
20,417
Reactions
6,356
Know nothing about this but has come up on a breakout scan.
Chart looks like there could be a short term positive move.

I only mention it as some of you like the VERY cheap stocks with a bit of upside potential.

tech
 
Re: GDA

Hi Guy's, how do you access and post a chart of any particular stock onto this forum?

I think when posting in relation to a certain stock it would be great to also affix the current chart for the last 12months.

What do you think?

The Barbarian Investor :sword: < just for fun
 
Re: GDA

Yes, GDA has broken a VERY strong resistance level. Seeing all those tops perfectly allined just freaks me out. Now that its finally broken its resistance, this stock is definately worth watching. Could this be a surge similiar to the one back in Jan 2000? Hmm i wonder.
 
Re: GDA

The Barbarian Investor said:
how do you access and post a chart of any particular stock onto this forum?
If you have your own charting software, you want a program that can do screen captures and image cropping. I use Paint Shop Pro for that. Not sure about charts sourced from the Net.

And they generally come up better if posted as GIF files rather than JPEG files. Add the file as an attachment to a message.

Here's GDA.

Cheers,
GP
 

Attachments

  • GDA_GP1.gif
    GDA_GP1.gif
    16.4 KB · Views: 365
This share is a dog, a dog with really poor management,

Why? Because over the past 3 years they've done nothing at all,

Except issue shares and more shares and more shares at less and less,

Let me explain,

Back in 04 they did heaps of raisings to fund activity and did nothing, with the Share price wallowing like a pig in the 1-2c range they did a 100-1 consolidation.

So every 100 shares became 1 share, so it was not a 1-2c stock but rather a 10-20c stock, well it managed to drift its way back down to 1-2c How funny!

Now if you have a look at the ann regarding their upcoming meeting SURPRISE SURPRISE management want the authority to do another placement 124m new shares at 20% discount to be exact

Unless it gets new management its not going to do anything

Thats not to say you won't be able to trade it, good luck and enjoy, but remember end of the day don't be left holding the baby as its a dog with fleas
 
YOUNG_TRADER said:
This share is a dog, a dog with really poor management,

Why? Because over the past 3 years they've done nothing at all,

Except issue shares and more shares and more shares at less and less,

Let me explain,

Back in 04 they did heaps of raisings to fund activity and did nothing, with the Share price wallowing like a pig in the 1-2c range they did a 100-1 Concolidation,

So every 100 shares became 1 share, so it was not a 1-2c stock but rather a 10-20c stock, well it managed to drift its way back down to 1-2c How funny!

Now if you have a look at the ann regarding their upcoming meeting SURPRISE SURPRISE management want the authority to do another placement 124m new shares at 20% discount to be exact

Unless it gets new management its not going to do anything

Thats not to say you won't be able to trade it, good luck and enjoy, but remember end of the day don't be left holding the baby as its a dog with fleas

I agree completely. STAW AWAY from GDA. It has a very entrenched history of doing nothing. You may as well head to the casino and try your luck there. I bought a swag of GDA's several years ago at about the same price as it is now. At that time I had also picked PDN at about a cent and a half BUT went with GDA because they had a deal going on with Sons of Gwalia. How inept of me. The only reason that it may be moving is because they need to do a placement so that management can continue to draw a wage.
 
SYDNEYSIDER and YOUNGTRADER...u both got burnt b4 too bad...many many stocks have done a sharesplit and fallen back to original prices...i can name 100s...ill name a couple to help u out lol..RBM,star mining now admiralty...there r so many remember a dog has its day..this may be good or bad...but i can also tell u this...Norminco which became Tin Australia which became Virotec also had a share split and shareholders were complaining of course..it also went back to 2 cents then within 3 days was $1.40..now Virotec listed on the London stoock exchange doing great ty very much..the beauty of GDA is the fact that it has done the share split already and now can move..thats the risk u take with junior miners...u guys are just sorry old sods for getting in at the VERY wrong time haha
 
petee said:
SYDNEYSIDER and YOUNGTRADER...u both got burnt b4 too bad...many many stocks have done a sharesplit and fallen back to original prices...i can name 100s...ill name a couple to help u out lol..RBM,star mining now admiralty...there r so many remember a dog has its day..this may be good or bad...but i can also tell u this...Norminco which became Tin Australia which became Virotec also had a share split and shareholders were complaining of course..it also went back to 2 cents then within 3 days was $1.40..now Virotec listed on the London stoock exchange doing great ty very much..the beauty of GDA is the fact that it has done the share split already and now can move..thats the risk u take with junior miners...u guys are just sorry old sods for getting in at the VERY wrong time haha

Except that the same management is still there and I challenge you to name at least one dynamic thing these folks have done in the last five years. Unfortunately you cannot make a silk purse from a sows ear.
 
sydneysider said:
Except that the same management is still there and I challenge you to name at least one dynamic thing these folks have done in the last five years. Unfortunately you cannot make a silk purse from a sows ear.
yes maybe SYD but remember this...PDN was the biggest dog in the place..the rest is history...also GDA is now in an excellent position to move as very very few shares on issue...remember management in the mining industry is very risky and some times tho a company has been thru tough times they hit paydirt big time like PDN...lets just see how it goes..dont cry we all have been in ur position and sold out at the wrong time..it goes with the sharemarket lol
 
Gentlemen

Have a look at my posts under NWR, they are next door. They have done nect o no exploration, but are on a similar spec shear zone. Somethings up? I asked a geo to look at their tenemments, no response. I agrre Mgt is poor, but there is something going on i.e. takeover, sale of tenemants, deal etc

Cheers
 
I have had alot to do with GDA for a number of years as an investor and other activities. Let me tell you these only 1 thing GDA mines and its peoples pockets.

Stay far away from this 1 theres only a few people getting rich off it.
 
Geo78 said:
I have had alot to do with GDA for a number of years as an investor and other activities. Let me tell you these only 1 thing GDA mines and its peoples pockets.

hahahha..sorry to hear that..every dog has its day and this should take off from here :)
 
petee said:
hahahha..sorry to hear that..every dog has its day and this should take off from here :)
Petey,

From your last few posts you seem to be ramping this stock with no reason. Can you please let us know why this is a good stock?

Cheers,
Kennas
 
kennas said:
From your last few posts you seem to be ramping this stock with no reason. Can you please let us know why this is a good stock?

Cheers,
Kennas
LOL the market will do all the ramping..this stock tho has great potential as very few shares on issue and the Uranium tenements look close to getting approval....im not ramping..DYOR..i just made ppl aware of the movement when it hit .012 on friday...it closed well above that..see what happens monday..up or down who knows LOL
 
petee said:
LOL the market will do all the ramping..this stock tho has great potential as very few shares on issue and the Uranium tenements look close to getting approval....im not ramping..DYOR..i just made ppl aware of the movement when it hit .012 on friday...it closed well above that..see what happens monday..up or down who knows LOL
Thanks Petey,

How's the market cap v lbs U at the moment?

Or, should I just do my own research?

Or, is this a purely technical trade?

Kennas.
 
kennas said:
petee said:
Thanks Petey,

How's the market cap v lbs U at the moment?

Or, should I just do my own research?

Or, is this a purely technical trade?

Kennas.
LOL well the market capitalisation is about as much as a run down terrace in Newtown lol..think it can move on from here LOL...check it out bro...goodluck :)
 
petee said:
kennas said:
LOL well the market capitalisation is about as much as a run down terrace in Newtown lol..think it can move on from here LOL...check it out bro...goodluck :)
Petey, with all due respect, no one is going to check it out unless you actually provide us with any reason to, and so far I have a picture of a run down terrace in Newtown.

Come on mate, share something with us.

Why is this a goer?

kennas.
 
kennas said:
Petey, with all due respect, no one is going to check it out unless you actually provide us with any reason to, and so far I have a picture of a run down terrace in Newtown.

Come on mate, share something with us.

Why is this a goer?

kennas.
im too scared to share too much here...like read my posts on HCY..Inore now is sarcastic to me about my predictions on HCY...read the latest ones...but if u all listened to me when i was positive and buying this stock..i tell u all u would have made 100% in 2 months minimum..i bought and sold out with a $10K profit and shares too boot...the problem is u have to take a risk..if ur prepared then great if not great also...i cant say whats happening with GDA anymore than anyone else that whats written on their company reports...but i can say..its a risk sure but it can move easily as market capitalisayion is a joke...look at the movement in dogstock JRV on friday..they have over 1 billion shares on issue and move up on Uranium speculation..how much more with GDA on their market Cap..Kennas DYOR and goodluck
 
Top