Thank you GGP25 Apr 2020 08:50
I sold half of my holding yesterday for 2 reasons... One being that 9p has been my target for a very long time and I like to try to stick to the plan , and secondly I need the money. When I first invested in the stock it was under 1p and I added , got stung with the NM exit , bought more all because I had the luxury of a decent income . Over the last year, and especially this year, my personal income disappeared and I was down to £1000 pm to live on... As I had my biggest asset (by far) in GGP stock, I slowly sold off small parcels to pay bills etc each month but managed to hang on to most . Reaching my target and selling half means that whatever happens , I am financially secure for at least a year and then hopefully I can reestablish my other income. I still have 500k shares but selling the other half was gut wrenching, but I have to do it to be safe. I feel almost naked not having the position I have been nurturing it for so long.
I have watched/read this BB for many years and it has been a rollercoaster of emotions, with wonderful posts met with ridiculous ones, intelligent quotes met with moronic ones, but nevertheless they all managed to create a balance of what we all felt . I , at times, questioned the more absurd price predictions as they were designed to raise peoples expectations.... If it is said enough it becomes the truth... I think that was Goebbels philosophy... but even they excited the senses and made one believe it was all possible. To be honest, some of those ramps actually stopped me selling some at 6p , and I borrowed the funds I needed at the time instead, so as much as I didn't like them , they have made me money
My personal view is that NC will buy Hav and offer GGP cash, maybe some NC shares and a royalty agreement. Whether the deal is accepted by GH or Shareholders if they are asked remains to be seen. I want to believe that NC will pay up for all the many reasons quoted on here over the last few months, but as the will own 70% and another 5% at a not unreasonable level, they wont have to pay silly money for the other 25%... maybe I am wrong.. I hope I am, but it was another part of my decision to reduce my holding to a more less risky stance, not that I think there is any massive risk now.
I want to thank all of you who have entertained, educated and frustrated me on this board over the last 3 years. I wish all of you, many who are in amazing positions , huge success and I will be with you with my 500k , trying not to think of the other 500k and how much it would have made me ... GLA
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