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Malcom - Welcome to the board and I hope your investment in GGP works out and you get what you want. If you haven't already done so, then swing past the ggphelp website:- https://ggphelp.co.uk/ - and update yourself on GGP fundamentals.
The site was put together by bottlerocket with contributions from others. It's a good starting place for 'Newbies' and should give a bit of confidence in what you've invested in.
Thanks Paddy. This is a big investment for me and my family.
We got in late since 12p but hoping this amazing opportunity can give us a new life in a house, in a good area to bring up the children.
Not a chance GGP will sell for 28p - the CEO would never get another job in mining if he did that - and lets face it - if he wants to keep working post GGP then he has a chance of running one of the Top 20 - the Board have to protect the interests of the shareholders and that would not be in their/our interests.
Haha a drop to 19p and a buyout at 28p to keep Mkap under £1bn. Those comments are madness!
There is no way GH would let this be bought out prior to MRE and if any of the additional drilling (which is being done at some pace) shows up potential sizable assets, NCM wouldn't get a sniff at a sub £1bn buyout.
Quitefrankly not a chance would GH sell for under 28p
Fully accept this is business but to state MM's are working for NCM is (to be polite) questionable
Agree Shaa I mentioned MM manipulation a while back on this board and got slated, price is being driven down by MM working on behalf of NCM in readiness for buyout at below 28p which makes GGP Mcap £1b easily affordable for outright purchase. NCM are a multiple billion company and they need to provide value for money to their shareholders, they are not some ultruistic friend of GGP as some allude to, this is commerce.
GLA
I see a retrace to possible 19p, the resistance level, if no news to keep this going. trend is still up though, chart-wise
Bkir30 I've had a look through your posting history. You warned people on 1st June about the share price rise.
Surprised you are still here if the rise was such a concern back then. Surely you would have taken profits and left? Or are you a paid deramper?
bargain basement
picked up another 10k worth under 23p
As per usual total manipulation of the market going on, trying to panic investors into selling, so they can be scooped up on the cheap. Seen it, done it got shafted in the past when I first started investing in shares. now no better . But what a cynical basically corrupt system that is able to operate in this way. Still managed to top up at 22.7p thank you.
Yes, there does appear to have been a couple of our more celebrated posters missing in action during this pullback..
Took a few goes, but got back in under 23
live price 22.70
Not invested here but one of the shares I follow.
Absolutely disgusted at the SP and the MM manipulation, should be near 30p at least.
Live prices showing this is going back up.
Watch out for people with an agenda.
Some days it better to just switch off and ignore the market, as Paddy say’s the fundamentals remain unchanged. Some big buyers out there, have a great day everyone I’m off to play golf.
GLA
The fun & games will be starting now in earnest - there are big players moving in who can manipulate the situation to sort their own agendas here - just remember that the fundamentals haven't changed and both GGP & Newcrest are working flat out. The gold is still there and keep your eye on the prize and not the intra-day fluctuations IMO.
GLA - Paddy
down over 5%
Nothing to understand really Cage, just market manipulation, take a look at the fundamentals at the top of the page and the trades,it says it all.
I'm not understanding this downturn in the light of all the pending news. We have basically backtracked 2 days gain.
I think we are out of steam, for now
It’s being controlled again !
The momentum is actually accelerating now.
Look at the technicals on Trading View.
https://uk.tradingview.com/symbols/LSE-GGP/technicals/