RE: Comparison: DEC 2020 (38p) Peak vs MAR 2025 (9.5p)15 Mar 2025 15:01
SP is rarely based on true value and usually forward looking sentiment. 38p was a stock market bubble, money printing and max hype phase for discovery, unbelievable set of circumstances.
Hopefully ASX improves our base support levels for oft stated reasons and the upcoming catalysts push us much higher. I'll consider my strategy at end of year based on what level we get too.
2020 is firmly in the rear mirror, the new reality is this is the base we are building from and this year particularly is a great opportunity for the company to improve market cap, so we'll see how they perform.
I sense a lot of opportunities in 2026 across markets so GGP will have to deserve it's place in my portfolio moving forward, which is the correct mindset. You would have to be a genius to be able to see decades ahead to call GGP future outcomes IMO so you should consider your position quarterly once Hav DFS delivered.
Same as any other stock you hold, having your life savings or pension outcomes in just one stock is a very dangerous game too, the stock market takes no prisoners so once you have a larger portfolio, always wise as you get older to protect your wealth as much harder to recover losses in old age when retired etc. If no other income.