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Hi everyone
Please do not be despondent about the news we have it is very good for us in the medium to long term.
I am not sure who to credit for the information but I downloaded a good chart showing values to GGP shareholders.
I believe that the current value of shares should be worth approximately £0.24 per share for our 30% on the revised MRE of 5.5m tons
The basis of my assumption is made with the following calculations if my figures may be out I do apologise but I do not have a calculator that takes that many zeros.
I am not sure exactly have many shares there are now so some other clever person may be able to revise this calculation.
Exchange rate $ to £ 0.73
Outstanding shares 4,000,000,000 ???
Pov oz $ 1800 nearly
Aisc. $ 1000
Profit $ 800
I hope this helps everyone in making their decisions wisely
Gla and please DYOR
Great news today
Shame about incorrect info on trades
I made 2 trades today both were buys one was marked as a sell and one as unknown
Obviously same games going on here as on another well known share
I agree totally with you share has been a total dog.
Can’t see anything changing until bod is changed.
One of my worst performing shares and I have a lot.
Bought some today soo cheap
Would be a good idea to buy more if you can to bring your average down.
When it turns to the upside you will reap the benefits.
I know it sounds illogical to throw more money at this but it makes sense if you can as this is a once in the lifetime share.
If you don’t buy more you will regret it.
DYOR