Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
A manager/ CEO moves on/aside for many reasons: a new challenge, personal/family, differences with board, taking a rest or just that their particular skillset can't take the company team to the next level, it doesn't have to be for a bad reason.
Harry : Remember only super super ultra positive opinions are accepted here, free thinking is berated, have an independent mind. Respect peoples opinion whether positive or negative and don't resort to insults and name calling
Tome : I too am nursing a loss, traded up average of 30+, I want this to do well. Unlike some the bottom line is profit, no emotional attachment. I make my desired percentage and move on, I'm not ashamed.
Never have loyalty to a share.
Tome : I am a realist with no emotional attachment to this share, I too am nursing decent paper loss with a traded up average of 30+, it is my interests for this to do well but I want to see income this year from selling product not by delaying the mining. Lets walk before we try to run, I don't like some of the similarities to UKOG, to much exploration not enough income generating production. I am not implying that GGP is or will go the same way.
Tome: With respect I have no desire to become a Geography boffin, I concentrate on ways to generate interest and ultimately a profit, that's my only interest in GGP. I have no emotional/romantic notions and my targets are realistic as % of my investment.