RE: Re : applegarth3 Jul 2018 14:53
applegarth...AGAIN....agree with your general ANALYSIS.....the thing is some of so called LTH's now the share inside out...and they TRADE the spikes / dips...changing colours as to their POSITION ( whether they hold or not )....it happens all over aim.....in some shares they even work as groups....i just say gl to them...what goes around comes around.....:)).....
The TRUE valuation of a SHARE is depended on what asset they have....a SHARE can be RAMPED with no assets or backing behind it for it only to fall later....trolls can TROLL all they like they can bash as much as they want in end its the NEWSFLOW which would ultimately decide the destiny and DIRECTION of a shareprice.....
In our case ( GGP )....next few rns's will decide our fate....market is waiting to see results from HOLES 2/3/4 at Havieron to see whether there is more room for IMPROVEMENT to our current m/c and make it JUSTIFIED...if results are as expected and good then bingo up we go to more reasonable levels...if not we might retrace a bit then in anticipation other NEWS...mainly from EG ( meadows ) / ( carnegie )...we will move back northwards...and then there is black hills / firetower to ponder over.....
One has to weigh RISK vs REWARD in any share they invest/trade in.......from where i am sitting REWARDS here in ggp far outweigh the risks.....albeit in shortterm one might see few blips on the way.....:))