Well here we are, back to where we were 2 weeks ago and hardly surprising seeing as nothing has changed and the T/O rumour was nothing other than rumour. There are many different views on this board and probably split 50/50 between the glass half full and the glass half empty and i think i sit on the cusp of the 2 views.
Without doubt there is an absolutely huge oil field beneath the ground GKP sits on and one day it will come out of the ground and make some people very very rich. The concern i have though is that GKP as it currently stands has no chance of getting that oil out of the ground in any quantity to make us PI's rich because we are run by a bunch of clowns who clearly all have their own agenda and have no share view on the common goal for GKP. This being the case yes we are ripe for a T/O but IMO anyone thinking this is going to be north of £4 is kidding themselves. In 2yrs time we could well need refinancing and this is not going to be easy to generate without a solid revenue stream.
It's weary being invested in this shambles of a company but like many i refuse to give up
One thought on Todd not buying shares if i had just been through a divorce, would i set my self back up or put in protection? What i would do is set up a trust. That protects my assets from any future relationship sharing of assets. So if Todd was buying shares via a trust, then we would not see them as director buys. A trust means that they belong to the Trust, any future divorce would not have any look at them, as they then do not belong to Todd, there is also tax rewards when you have a trust. That is what i would do in his situation. Again its just one of many possible scenarios, it makes no sense that he holds no purchased shares, with the money he has he would just buy a million to shut us up, its like us buying £1k worth. So the only thing that makes sense is that he does have shares, that those shares are purchased in a way that they can not show up as director buys. If you were Todd, and getting his salary, knowing shareholders want to know why your not buying shares what would you do to keep that nice big salary? I suggest you would buy a million so that you kept your millions in salary coming in, even if you knew they would be worth less. He is not stupid, he knows this, you watch it come out that the Todd family has huge holding but in the protection of a trust. Just another theory, but the only thing that makes sense.
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