The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I use MM’s as an example and don’t necessarily think they alone are responsible for our price.
If you put it another way, if NCM or another wanted to take over, then every shareholder they drive out is one less to block any move. For example JPM, GS and the like are very skilled in the dark arts of manipulation as can be seen by the fines they rack up. Now if you factor in the value at stake in Havieron then it’s easy to understand the rational for manipulation. Proving any of that however is the problem but doesn’t mean it isn’t true in some part.
CP, when you follow a particular share board it becomes very clear when someone is invested or not. Apart from the odd nutcase with a chip, why would someone spend so much time spreading misinformation or challenging informative posters.
As we can see from current news events it’s clear to see the value of social media in trying to change a narrative and the damage it can cause. So do you think that any such entity such as an MM would refuse to use any and all tactics to help their cause.
I don’t think anyone can deny what we have in GGP, it represents a fantastic opportunity with a very capable leader with a clear vision. All the success comes at a price though, that we become a target for the predators. They see us as an easy target to manipulate which can be seen with our price suppression and periodic attacks of SD by posters. It’s all linked and only usually happens when the share price drops and never when it’s rises and the Fudsters disappear under their rocks.
It’s my genuine fear that we may well not see fair value, particularly if we keep getting dilution as our voice will diminish when the big players roll in. Ultimately we have to trust the BOD or sell up if not willing to take the risk.
Bamps, although we disagree on things from time to time, I always value your opinion. You have strong views and spend hours crunching the numbers for all our benefit.
I wouldn’t waste my time responding to those who make personal digs at you, life’s to short and they know it rattles your cage.
At some point the company needs to stand on its own two feet rather than keep diluting especially when pi’s don’t get much of a chance to participate.
All any of us want is a rising share price, yet for all the milestones and good news it’s met with the opposite. Which leads to people such as myself asking questions.
Agreed Matty, GGP were happy to be UK based to access funding but now see the future as ASX with the big boys. Are we growing to quickly and leaving our loyal investor base behind.
At least if we had a rising share price we could then decide when to cut and run, rather than it being on its a-r-s-e
My personal thought is we need to do our own resource now, especially as Newmont will be able to check out Hav and it’s a given NCM will be singing its praises behind the scene while refusing to release to the public until much later in the year. This is unacceptable in my view.
I’m starting to get a niggle about our direction. Listening to SD’s recent interview I’m more than a little downbeat about the talk of cross listing and him mentioning potential public offering. To my mind this is a red flag as it undoubtedly means considerable dilution, presumably for future funding from our backers. The loyal Pi’s are being pushed aside and will have a decreasing importance and could be irrelevant in deciding the direction going forward.
Also I have to agree with Sandgrounded that we need to put ourselves first and put out a resource upgrade ASAP to underpin our price. We are NCM partners and should not be walked all over!
It all sounds a bit disingenuous on HL’s part, if they don’t allow you to hold dollars then why charge the 1% for something that’s free to elect from the company. Question is, do they instruct all Divi’s to be paid in Stirling anyway and bill their customer for a service they don’t do.
It could also be misinterpreted by the HL employee that they are just relaying what their terms say when dealing with foreign companies, especially as some of you haven’t noticed any deductions.
Suppose I will have my answer with my first dividend.
Thanks Jim. My shares are held in a SIPP, so hopefully no tax after filling the W8 form assuming everything goes ok.
The HL currency charge is small so no probs and presumably makes things easier if I add more shares to other accounts in the future.
It’s the first share I’ve bought that operates exclusively in a different country and will look at others now I’ve taken the leap.
Hi, I’ve just bought my first shares in DEC and need some advice on divi currency conversion. I note from the website that I can contact computershare and give them my instruction but didn’t know if that’s possible with shares held in nominee accounts. Therefore I emailed my broker HL and they said they do it automatically for 1% commission. Just wondered what other people have done and if HL are trying it on?
Thanks in advance and apologies if it’s been asked many times before.
Yes I think Sd realises how important we are at present, after all if we sell on first offer then his dreams for the company are over. He put lots of effort into keeping us informed with all his interviews. I suppose going forward the downside to us taking on all of Hav and Telfer (assuming it’s an option) is to lose the personal touch from him given the inevitable changes to the share register that that would bring.
I always expected and used look forward to GGP being taken out for a good pice and it’s ironic that SD’s success has meant it’s much less likely.
I first bought early January 2018. I was on a free carry having sold 25% at 36p, unfortunately greed got the better of me and I put some of that money back in at 18p thinking it was at its low, got that one wrong!
It’s interesting to see so many having bought at a similar time and proof we are stuck like limpets to a rock.