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It is quite simple. Shareholders should consider the implications of a fundraise. Many have. Look at the price.
And not blindly follow those who promise riches beyond belief at this stage - or any stage come to that.
It may go parabolic. The question is will it go up or down when details of any fundraising is announced. Most shareholders realise this. It is a gamble at a price.
So I continue to suggest it is possible many who tout an immediate rise to the moon and profess to hold millions of shares, may not do so at all.
I note, by the way, nobody responds to questions about dewatering and decline restart. My understanding, as reported from Town Hall, is ‘it was always going to be second half’.
Those there can confirm or deny.
Be fair. They couldnt foresee the current potential events looking down a hole.
There’s more excitement to come if Ggp do load with debt and issue extra shares , in Mr. Day’s bid to become King of the Paterson. But it will secure the future of the project. Accretion as they say, to come sometime in the future.
Https://www.insightdiy.co.uk/news/wickes-announces-new-magic-radio-partnership/13563.htm
Taking advantages to promote, increase market share. We’ll still wait on housing turnover and wider economy though.
Iceland no trades showing. In line with this.
I will come back on that, just because it’s you in name.
I changed my name years ago. Kit change. I mentioned it on the board.
You will have raked back through, looking for something. If you had any evidence of untruth. You would publish.
You are full of innuendo - no substance when asked to provide facts to which you allude, or when asked to give a view of what’s happening now, as you see it.
So go on. Whilst it’s fresh. Tell everyone the lies in my last, whilst it’s fresh in the mind. Or comment on the content.
Mr. Day says good progress is being made with the listing authorities towards an ‘appropriate time’. I think there remains at least a possibility it could coincide with an ASX listing, and if so whatever is required to satisfy listing requirements, perhaps consolidation/waiver.
Shareholders at large aren’t daft and are making their own determinations. Can’t talk for them, but I’m considering not so much what a fundraise might achieve, we know the generalisation of that, but more the possible effect of the terms of it on the share price. I am obliged to stress that’s my own view only and also why I believe the price is where it is, perhaps firming up, and bobbling about as interested parties ( keeping it general to avoid offending shorting theorists ) make their own decisions. Small share-price movements latterly showing mixed views, as buying and selling occurs.
I agree with comments on stop/losses, on volatile shares/those run up and down to make a market, and in doing so get their profit on the spread, whatever the price. And there are otherwise articles on the ‘tricks of the trade.’
Before I go today, on Ace’s (1400 6th) jibe I can tell you that’s the product of an over-active imagination/sense of humour, garnishing happy favour with the ‘names’ who marked it up. 10p by Friday! ( as he is wont to post - in jest at the moment )
Thanks for the mention yesterday, Ntl1 and tesa. Ntl 101 - see you at space cadets, and tesa - consider your over-descriptive language and misrepresentation of others before posting. It does whatever your case may be, presumably as a Ggp investor, no good.
In response to and because of that I have posted today - let sleeping dogs lie, comes to mind - so in view of the comments I have repeated my above allegedly unacceptable views, with some addition, for context - around shorter term anticipated events. Previously dismissed but maybe not by all readers as ‘scaremongering’ and ‘bull….’.
By all means have the last word on issues arising . I strongly suggest that be in the moderate language used by most on here and as I have chosen to do. I have no current intention of saying more on this.
Good luck. It maybe a longer hold than originally anticipated but turn out reasonably well.