Member Info for Culpepper

I don’t think the team, if you refer to directors, come into it. Either they shepherd it through and recommend it as a vote, or a suitor goes hostile, in effect direct to shareholders, and a vote.
And Wyloo will have a hand in it.

I suppose an answer to that could be someone has to run it, no matter who owns it. But as we have observed, it’s top heavy for its current form re. 70/30 Havieron.

Absolutely sweet FA to do with Ncm/Newmont though.

I agree that. It’s amazingly amusing.

100% would suit me fine - never seen such a premium myself though.

That last of the board incarnations by far the best, giving a nearer term reason for being in here!

Having talked yourselves into ‘the lid being kept on the price’, there now appears to be nowhere to go other than ‘a low ball offer.’

“ they will be forced to issue more shares to get the necessary cash for leveraged loans.”
If I posted that it would be labelled FUD and challenged. Can’t see it as a shorters’ objective in the accepted sense of the word though.

I was leading the shorting conversation to discover views on the objective of such. I have given up posting on conspiracy and manipulation. Each to his own view now. I see no realistic objective in keeping Ggp price low.
Mms will follow the supply and demand, no matter how it arises.

The default position, anyway, is more being sold than bought today at the moment. And other days too.
Have a good one.
Cheers.

18%

Ignoring when the price ran away with itself, ‘they’ made I suppose 1i% over past six months. You’d think even ‘they’ would realist it’s getting quite sticky now though.

One wonders what downside the alleged shorters have found, going unrecognised on this board.

Yes. No takeover of Ggp appears to be rumoured.

Simplistic view on todays bb latest takeover rumours
https://www.investopedia.com/ask/answers/203.asp

We shall have to take it as it falls, relying upon the Ggp management to best place the company should there be any material change in circumstances.
Though much has been discussed on here, particularly in the wake of the currently failed bid for NCM, and I can be put right as always, I do not think investors have been led to believe that any change is/was under consideration other than the possibility Ggp may consider, if opportunity arose, the acquisition of an immediately accretive proposition.

https://www.pmi.spglobal.com/Public/Home/PressRelease/1f90583c5e16471fa3c882f3ca302c9d

Nor does the question of Director buys, to which I responded.

The question put to me is the first sentence. The rest is mine.

Okay, so if you realise there is meant to be no fundraise, why do you keep mentioning it. It is, I think, in the balance, according to opportunity and requirements.
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The conversation was on when can directors be expected to buy. I put up an option. It doesn’t mean that is the option that will be taken. And the proposed asx listing is to better advance capital availability. And many here have been suggesting there is a possibility that Ggp will make a purchase of one sort another. That will require capital, by equity or debt. And Mr. Day foresees that possibility when he talks of corporate next steps:-

‘so we think the ASX is a really natural step, we really appreciate what we have in London, we have a big following there, good liquidity and we want to hold on to that but I think having the ASX listing I think would be really advantageous for us and particularly for corporate next steps.”

So it flows, logically, don’t you think?