RE: What could SD’s 30% discount cost you if you are a holder of 1m shares..?14 Sep 2024 19:28
Dip that's a really interesting post.
It's the first time any of the.rock star board, with the exception of Shaun Day, have bought any shares, so they are certainly looking at it as a new investment!
How high do you think the market cap can go. Using Northern star as a reference, they have something like £2.5bn revenue and £8.8bn market cap.
With 13.3bn shares in issue, we would need an sp of 66p to hit their market cap, yet it is hard to see how we hit their scale.
To reiterate, despite what some may say, I'm positive about Ggp, I believe a good return is still achievable and this is therefore highly investable