RE: 4.8p Raise price11 Sep 2024 09:14
Like many other LTH's I feel shafted by this offer, we have born the very high risk and turmoil of being invested in GGP for years and the misery of watching it slowly drip down from it's 37p High.
I am currently looking at a £37,000 loss on my £60,000 investment not a nice feeling .Probably like others I kept averaging down and are now overexposed in GGP and am not willing or indeed able to buy these cheap shares.
The share offers mean the Shorters are given a safe comfortable exit unless they are very stupid and greedy.
Shaun and the other directors can buy shares on the cheap as can new investors.
The plus side is It gives the company the funding and financial stability to transform into a producer and generate income at last .
So not going anywhere, will just have to sit around and play the waiting game for a bit longer.