Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Let's hope. Personally not so bothered now, I have a reasonably large holding (by my standards) now. I intend to ride out whatever storm might or might not happen. They will have to pry them out of my hands before production starts!
I've snaffled up a few at £500 quid a go at 13.9 today, shame I did my big SIPP load yesterday, hey ho, at least I've averaged down to 14.20 now. It's certainly the weirdest looking graph for a while.
Been on tenterhooks for about 3 weeks waiting for a pension pot to transfer into my new SIPP, hoping that the boom doesn't happen too soon.
Transfer cleared today so got a nice lot bought, didn't manage to ride the dips as well as I hoped but have a nice stash now at 14.25p average, which I am holding onto for grim death.
Fingers crossed I can get the total I want tomorrow at a decent price, but the butterflies have settled a bit now - i was convinced the transfer would happen too late!
Having a trade fail because I was trying to buy too many was a first for this minnow!
Haha, so would I! Just wondering if there's a possibility/likelihood of transfer of value. Fairly new and not owned shares in a company the subject of takeover.
Don't like to bump posts, but its been so busy today this has dropped off the first page, do any of those experienced and in the know, have an answer to above please?
Reading with interest, had a similar thought myself.
If NCM were to make a successful takeover bid, how likely do the greybeards think we are to have the option of converting GGP shares to NCM shares?
@starbright. True, but tainted with a nasty taste if it comes on the back of death and destruction...
I was hoping for a little bit of a delay while waiting for some funds to come through into new SIPP, a massive conflict and global crash was not what I was hoping for!
Had a small top up this morning, at just after 8, wish I'd waited a few hours!
Agree, the % drop in GGP is about in the middle of the % drops of the ETFs I have
@Lyndon. I'm waiting for an old pension pot to transfer into my new SIPP, eagerly watching my emails in hope it arrives before things take off!
Well, that's the trigger pulled. SIPP opened and request in to transfer an old dormant pot. Fingers crossed this does not boom before transfer completes. (And no, i wont be putting it all in GGP, just 25 to 30%)
With what I judge to be a likely decent rise soon, and then production in a couple of years with, I hope, decent dividend return, this seems a good buy to augment the small holding I have in the GIA.
Yeah glad I got another top up in first thing this morning
Thanks Nicki and Taverham, I have been drip feeding in the general account, nothing like the 600 per week though :) I have got rid of some dross to focus on GGP lately.
Re SIPP, I am still nervous however, it's not my main pot. In reality, once I've done a lot more research, if I go for it I'll probably end up putting 25 to 30% of it in GGP if prices are around where they are now at that time.
@nicki would love to be able to top up like that. I am currently hemming and hawing about opening a SIPP, transferring one of my pension pots and putting the lot on GGP. Still too much of a noob to take that plunge though. Sure I will kick myself in a year if I don't though.
Love it, I even read it in the right voice :D
Gutted I missed out on buying more early today at the bargain price. Flaming bank transfer delays!
Daz, I'll second that. I'm small fry and a novice. Hydrogen's informative posts have made me realise I'm on to a winner here. My average price is 14.84p, every opportunity I've had I've grabbed a few more, and intend to keep doing so. Got rid of some dross at a loss yesterday to pick up some more and already seeing the benefit.
This is great news, the only thing I'm disappointed in is the general dip last Friday, I had hoped to offload some other stuff to put into GGP, but didn't want to take the hit.