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opening price to buy
GLA
Good luck AP
will we see another 10-15% today, or will the MM try and shake a few out as they tied yesterday,
im in no rush having bought in at £1.58 happy to wait this out till summer , who knows if the oil and gas prices will start to rebound by then and the Sp will rise accordingly
GLA LTH Patience will always be the key to success here.
Hi Guys,
Just want to say a big thank you for your comments as I have now made a 30k investment at 250p. Cancelled my positions with TLW, PMO and ENQ. let’s hope it all pays off so I can retire early. I’m at the perfect age to retire 40!!!
Please do keep posting your views and valuable comments as they help massively.
This board is v quiet compared to others?
Thanks
AP
Nice start, confirmation the buyback has begun
15% up
Very happy with that
13% plus is better than minus! Big spikes like Friday will leave this SP in a mess.
Shares don't go up in a straight line. There are traders and investors who will look at the chart and see it as overbought over the last 2 sessions and will be waiting for pull backs and entry. Fear not with only 80m shares in issue and around 12m being bought back and cancelled.....this sp is only going one way! Just be patient!!
Hi,
It’s been a bit quiet today! Was expecting the SP to move a bit higher?
What are your thoughts guys?
Thanks
AP
Don’t forget as the price of oil increases so will the NAV, so in the upcoming weeks our NAV could increase and therefore the board will keep buying shares higher and higher
I agree! Very happy to get in to this share early. This share is only going one way UP!! Once the SP reaches £3 they will increase their pace of buying back shares, as you said their maximum is 12M so they have to buy the shares higher to attain this.
You don't see many low risk investments (not trades) out there at the moment but looking further in to this company i think that you can expect to see a very healthy rise in the share price. Today's RNS was indication that the company have started to buy back shares, they bought back 842 shares on Friday and are set to buy back around 12 million (subject to sp rise of course). But spending £50m on buying back shares can only send the sp one way! If you average each share at £4 then that equates to 12 million shares (£50m) current sp is £2.57 it hit £2.66 this morning and as mentioned on here it appears as though there are 2 brokers working to purchase shares. It is definitely a buy and hold and you could well double or triple your investment from sub £3.00 a share!!!
Already 3x average daily volume...
Looking fab
Hi,
Please can someone explain this???
Thanks
AP
Here we go again , another new high today predicted , we will get these peaks and troughs over next few days £3 not far away 1st target will soon be breached
Have patience, but they know the market knows the Cat is out of the bag , they will have to keep buying before the Sp climbs above £3 then £4 imo I reckon by Thursday we will be there abouts Bank holiday Friday and don’t forget to keep an eye on the oil and gas prices the assets are huge and we’re only around cash value ATM
GLA wait till this afternoon when USA markets open too continued pressure for MM.s
You're right! I've got faith in the true NAV being reached but that 17% dip and rise was an opportunity, would've been nice to gain some more shares!
There will be a few traders who will take profit as they see fit , personally I wouldn’t worry about that yet , long way to go imo don’t expect to make a£1 a share per day I would prefer a slow walk up to £5
There is no rush the Brokers are under orders to buy back until NAV has been reached
Still a long way to go
GLA sit back and relax you have two Brokers working on behalf of the shareholders
They will try their best to shake you out. The board are buying 12 million shares. MMs need your shares. Gonna be a wild ride
Dropped it on nothing trades to collect shares lol
Nice try
FFS profit taking is coming
I was waiting for a dip to top up more but it was so brief. Just topped up more for my new ISA.
£3 close
The MM, s will try their best to prevent a spike in the Sp we will have many NT ,s to buy over the next several days there aren’t many shares around
But this will pass £3 then £4 over the next few days and weeks , imo
Just be patient
GLA two brokers are on the case to buy back shares in a controlled manner without putting too much pressure on the Sp
Flying again!! Auction soon?
I bought a few this morning hopefully head of the herd.
Brokers won’t sell a bean. Fill or kill only