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Well well well now how unfamiliar to drop the price, give a red day once again, as PG said "have a great weekend everyone and enjoy the weather". The results are what matters, gold and copper lots of it, the like of which have not been seen for decades, its not as if a space ship has landed and taken it away is it, hold tight, stay strong. L.B
They are in control and that low bid looks more inevitable14.5p placement price looks theobvioys figure, think a few may bite
That just looks desperate to me having to be that obvious with the manipulation of the closing price!
Not adding up now even to me who was doubting the massive manipulation. Have to say I’m personally disgusted that this now looks so obvious ! Must be more than just sentiment , traders and POG !
Oh well … think Warren Buffet and turn the other cheek folks ! We will wait it out.
See who’s left laughing then …..
Tymers, let me get this right - you believe a low ball offer will come in at 14.5p and some will accept it? Who on earth would accept 14.5p?
Hi jamesp21.
Take no notice, he has no idea what he's talking about.
Market Muggers.
Genuinely think GGP should be asking the FCA to monitor what's happening here. It's getting ludicrous!
Hi Panama. Our laughter will be heard on the moon. ATB Speedy
I’ve been in here since 2014, so call me a LTH if you wish. I can categorically say I will not be voting for a 14.5p takeover.
Hi Tymers. The bait will have to be better than that. ATB Speedy
Too much attention is being paid to the UT here. It might just be a result of one MM having to offload a few at the end of the session (position limits..?) and being bent over by the others for a few pennies. They are probably laughing about it now in the Hamilton Hall…
Plenty of trades between 13.70 & 13.90 in the last 30 minutes. All things being equal it will open there on Monday morning, at which point this board will be full of posts saying that the +4.5% jump is the result of desperate shorters battling to close their positions etc.
Investors should ignore the noise…
christ, they have zero class if they are drinking in Hamilton Hall - may as well pop over the road to dirty dicks!
Speedy - oh yes indeed !
Have a fb weekend my friend
But Tymers - you think they're worth a lot more than that: "Incorrect. 175 million will Value GGP at 3.5 Billion. Simple maths peeps"
What I think and what the market thinks are obviously two different things. Maybe it's time?
Tymers - not wishing to deramp but - the market doesnt think anybody ois going to buy them while money is tight and the price of gold is falling - it dosnt matter howmany gezilion tons of gold and other metals they have if they are not selling it to anyone they are not getting any money for it - they are all miserable London illigetimi. Hope that explains it.
Tymers I think your simple maths is simply wrong.
StarB - good point. I think the MM's probably also having a good chuckle about how they've managed to consistently work the spread for GGP to take a bit more than they might with a more liquid stock/less sticky PI hands. The strong PI belief in this company/project (including mine) means there just aren't that many shares being traded, and it's the back and forth of a very limited subset of the whole that's setting the price. Eventually fundamentals will win out, and not having nervousness about our financial position make a huge difference Vs other investment options.
Trust me you don't need to explain. It's quite apparent the market will only value based on revenue . We have many that well just don't get it
Tymers - if you were responding to me you misinterpreted me. It's not revenue per se, it's enough sentiment/facts/numbers to bring in some new investors - hence the next few weeks could lead to a short term move, then the series of announcements in run up to DFS etc. Etc.
Tymers .. as usual absolute bull**** ., the MRE and 5% valuation will affect the share price, if you don’t believe that then sell up and give us all peace !
Just seen the closing price. WTF, WTF, WTF.!!!
Taking the proverbial does not cut it, sorry, I am extremly effed off!
The MM' s must think they are royalty and can treat us like peasants.Perhaps the top guy is King Canute or King **** is more appropriate.
I am sorry folks, gutted, not so much for the price drop but what this sort of action shapes for the future.
Brutal!
Angry, unforgiving Viking
Absolutely Viking! Wish I could give that post a thousand recommends. I know, I know, current share price is irrelevant, blah, blah, blah. Just sick of these greedy b***tard, entitled f**kers getting away with this day in, day out. Sickening to watch. I really feel for people who are hoping for/needing profit soon.
Cheers MadMag, at least we are united in our views , good on you and thanks x
Viking
I don't think many are directly exposed to today's 'official' closing price? We're at 13.9-14.0 based on today trading...not where we should be but that means loads of upside. Lots of news coming soon.