Member Info for DGR1980

Was out for the first 15 mins of the market being open dropping the kid at nursery.

Was i worried about the price movement? Not in the slightest

That a lot of PIs will capitulate and the IIs will swoop in and build stakes.

You can really see who the traders and who the investors are today

Matty - I'm thinking that this might be our shorter friends kicking down a few in the hope that PIs panic thinking there's bad news. And it looks to have worked.

JonesRichard - You don't have understanding. You latch onto numbers that people post as a share price they'd consider selling at, and then decide there'll be a bidding war starting at that price

So thats over 160 million shares traded over the last 3 trading days.

Will there be a rise into the close out of FOMO?

Or will we continue to be kept around 22p like we have been for the last 2 trading days

Someone is working really hard to keep us below 22p.

Isn't that the price the shorters started at?

I put a flippant comment that i'd accept an offer of £2 a share at the end of a multi-paragraph post.

JonesRichard takes that and suddenly "There will be a bidding war for GGP starting at £2"

SD has made it clear. He wants to create a multi billion dollar multi asset company. You don't achieve that by selling out your only asset that is likely to go into production in the next couple of years.

"But, but, but he could invest the funds from the sales into progressing other assets"" Yes he could, but that won't achieve what everyone wanting the asset to be sold want it to achieve. The cash from the asset would not be distributed as a special dividend. A special dividend would leave GGP without the asset, or the funds from it. GGP would see the same net result from just giving Hav to Newcrest.

We don't even know how big Hav is going to be and thats the key thing.

"Oh well then just get a royalty as part of the sale" That makes no sense. Why would Newcrest agree to buy the remaining 25/30% so they have 100% and then agree to give a percentage of it back as a royalty.

The only way that makes any sense is for GGP to be bought out completely. And because we have so many other assets as well Newcrest wouldn't give us full value for those, as they wouldn't be able to justify it to their shareholders, and GGP wouldn't sell it for reduced value, as they wouldn't be able to justify it to their shareholders.

That said £2 a share, valuing the whole of GGP at £8.2billion would be acceptable to me

@Timber - The whole article is rampy, hence why mention of takeover speculation

and counting

Timber - Given that SD has already said that the PFS will be based on the MRE, its a bit of a stretch for the article to say that brokers are expecting it to be materially expanded. Its a very very rampy article

ah i see jonesrichard is back with his ridiculous questions.

Not going to happen. The ROI on the price they'd have to pay is not worth it for them

and they're only able to keep it to 21.5p

Just waiting for profit to be released from a couple of other places and then i'll be adding more here too

They're really working hard to keep it sub 22p for as long as they can

According to HL we're already over 42million shares traded today.

That's 5 times more than a usual day.

I can't find yesterdays volume for some reason, but i reckon we're well on track to beat it

Well thats a nice start to the day.

Yesterday the SIPP went blue, and today the LISA and ISA went blue.

Decided to have a top up of my ISA on tuesday, outside my usual cash top up window.

First time ever i've timed things so well

Triple digits before i consider it