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you are dreaming to suggest an ASX listed company would manipulate the share price down to launch a takeover...it just wont happen.
The sell side is still coming from multibaggers and anybody who has bought in the last 6 months and needs to cut losses. Any potential buyer looking at the last RNS's and then the share price performance would also surely be doubting whether it was safe to get in...and this is why we have a sell side bias...
SAS,
I am not selling one single share of my 650K holding, I am merely airing my thoughts.
I think you need to go back to my post.
Re: "Who would benefit from a lower SP given what we now know about Havieron"
Lets be honest for once, whom would benefit?
OK, I will spell it out. NCM or a much larger Predator for a 100% ownership, thats whats in the back of my mind, and ergo in order to achieve that requires an attack on the SP in order to get it lower?
Jiffy, no dis-respect mate but the question you should be asking is not "Who would benefit from a lower SP given what we now know about Havieron" but how they would benefit from a lower SP. WE don't know as yet who is the beneficiary of such an action is. But i'm sure we will know soon.
As I've said a million times something ain't right, but the truth will out itself.
All this smoke & mirrors is designed to do one thing, and one thing only, which is to try and sow so much doubt in investors minds, that they capitulate and sell their stock so some unscrupulous gang snap them up.
They know were this is heading, and if the people who have invested here don't, then they win. Simple as.
For those doubters who have invested in GGP, ask yourself one question, have you seen or heard any bad news or reports from official sources that would make you think this is a bad stock ?
I can tell you the answer. No you haven't, So don't let these charlatans get to you.
If you succumb to their rhetoric, then you are literally throwing your kid's inheritance down the pan.
Read all the RNS's from the last 24 month's and then let your head decide what's best to do. Like most LTH's I am sure you will see the same as we do, and put the middle finger up to the one's trying to con you our of your kid's inheritance.
I just hope i'm making sense, as been out all night. Just don't let the Bar Stewards get you down.
Hold for Gold as they say, you know it makes sense.
ATB
Jiffy, I am in for long haul, probably the most de-risked with the most potential and the closest to a pay day in my portfolio, so in-spite a few concerns it is a no brainer, wish I had got more into in earlier but heho if it reaches its true value I won't be complaining
GL
Joe, Re: Jiffy, good question, it would appear to be well funded and well organised, why I don't know, price has been low enough for long enough for institutions to get their fill.
Institutions only own a small percentage as of now, whilst they are not currently in the majority of owners, it leaves an open vacuum of opportunity for predators, (All of course IMHO, just my thoughts as of now)
The Gap needs to be filled, and it will I reckon after the next set of NCM results, but we are still currently vunerable IMHO.
Bottom line, just forget my musings, hold on to your shares as I am doing and come back in a year. :O)
Jiffy, good question, it would appear to be well funded and well organised, why I don't know, price has been low enough for long enough for institutions to get their fill. Maybe management have a plan and been holding back to make an assault when they think it would be most beneficial to the SP , who knows, but it is all a bit strange.
The question you all have to ask yourselves is :
1, Why is this share being shorted, and yes it is a very, very small percentage of total issued shares.
2. Who would benefit from a lower SP given what we now know about Havieron and the yet to be announced many outstanding drill results?
I will leave that to you.
Josh, thanks for your honest opinion
Josh, but do you stick up for Palantir, Viking Hunter, The Beserkers, 0rbis, etc. All deleted.
I’ll stick up for joebloggs here. argumentative, annoying, repetitive and disruptive, definitely but I haven’t seen him deramping it.
Rick rule probably has much.. much more patience than many of us.
There has been more said about shorting on here and nobody more vociferous than.. can l say Hydrogen!,? I am certain in my mind that we are being manipulated but to what end? It would be easy to speculate that Newcrest have a vested interest in this- l mean to be buying in pre - 5 per cent take up.. but then the majority opinion seems to be they’re gentlemen! What is not in doubt is we have far too many paid negative naysayers and muppets with an agenda! Not heard much from pentonville, or his doppelgänger this week but then maybe he \she is leaving this to Joebloggs
https://www.youtube.com/watch?v=nJ2umglai24
32:30 “I love circumstances where the shorts are against me” - Rick Rule on holding shares when shorts come into play.
Just a bit of food for thought. Not going to speculate on how much it applies on these shares, but the take home was that if he believes in a good stock he doesn't care in the long run that it's being shorted.