Member Info for DGR1980

Investor - I believe that'll go on tax again. Isn't the gain between option price and current price taxable in Oz?

Yes Hoofing. Thats because people don't read everything. They just see the word 'sell' and hit the sell button themselves

Same as your alleged naivety about whether it was a good or bad thing

Mercedes - He exercised more options at 9.25 back in May

Its only another £1.1 million into the coffers as well. All helps with negotiations to say we've got plenty of cash, we might as well come mining with you if you don't want to pay us a sensible amount

So GH has added 14.5mil and sold 5mil. GH's holding has gone up by 9.5 mil.
and CB has added 17.5mil and sold 4.25mil. CB's holding has gone up by 13.25mil.

That sure sounds like a positive no?

because his end game is to sell up the whole lot

Because in the overall scheme of things it totally doesn't matter.

Unless you're a trader

oops. Sorry wasn't you Kernow.

KernowSanta - I suggest you do a cursory google that you've recommended other people do.

There is a Flexible ISA which allows you to put in £20,000 plus any amount you've taken out that tax year. Just because a lot of providers don't currently have one (I assume due to the more complex checks required around how much is put in)

Haha.

Lot of people out of the wrong side of bed this morning i see

Floater - Not paying capital gains tax or dividend tax is the best benefit of an ISA.

12.68 is the highest close GGP has ever had.

Granted its gone as high as 12.9 intraday in the past, but its never stuck

I missed the fact completely

Trek - "Pretty obvious really. This update so soon after the last has caught lots of folk out"

Not true. Everyone knows Newcrest do quarterly updates, with drilling updated midway between those. This update is exactly when we expected

lightbulb - My plan all along has been to slice 20% of my holding at 15p. These results are pretty spectacular but don't change that plan. GGP is now way too big a part of my portfolio, so its time for a little rebalancing.

You're more than welcome to them :)

?

And the reason its started to drop is that people are starting to expect the update to include the words "we're still drilling but **** it this is a monster so heres £1 a share for us to have it" and are trading it when they don't see it

Depends what they say.

If they say they're mistaken and its actually chocolate covered coins probably not

BrucieBonus - The other thing i'd say is don't be afraid to take some profit out when you feel comfortable doing so, not when others say you should.

This is totally not advice, but i have a number of price points where i intend to sell 20% of my holdings to bank some of the profits, and effectively make the rest of my holding free.

It hurts a lot more seeing paper profit you had slip away, than it does to have money in the bank and the sp to keep going up

BrucieBonus2020 - The number of 'sure things' that i've lost money on almost needs more than 1 hand to count on.
Its not worth the risk of adding debt to a loss.
And for what its worth you have a bigger holding here than i do