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Evening Impecunious,
I may be misunderstanding your Godwin quote but in my opinion anyone choosing to invest in AIM shares who is then forced through necessity to act in a short time frame
must surely be regarded as having made a fundamental misjudgement.
Afternoon Jerryspaniel,
Your 'guess' very much corresponds with mine. Over and above GH selling it would be very logical to assume that many holders from the 1p to 3p days, who had hung on for the initial Scallywag drilling results, decided to offload some of their shareholdings as well. Such actions would have created a glut of shares available with the resultant drop in share price which in turn may have discouraged potential new buyers. Good luck to them all as, indeed, I was one of them. It was possible to remain extremely bullish about the future prospects for GGP but still decide to sell part of your shareholding, especially when the world appeared to be falling apart and your previously profitable portfolio of respected 'funds' had taken a beating . Whilst this may not have been the most logical action surely most would concede it was understandable.
More importantly none of the above relates to the actual performance of the company and its future prospects which, in my opinion remain extremely rosy (nb I've remained a holder and now my nerve is returning have been increasing my stake BUT most certainly do not consider myself a trader)
Freddie,
Apologies if our chewing the fat has irked you. I'm sure , however, you would concede that sometimes dreams do come true even if the timescale is sometimes longer than anticipated. For example, I know that Davielad and me have become well versed in the art of patience and lo and behold dreams were realised and just rewards ensued.
Afternoon Davielad,
Re Glasgow meeting- despite being a born and bred Weegie I am now a very infrequent drinker. That notwithstanding should/when the shareprice breech 30p I would be delighted to meet up for a celebratory bucket !
ATB
ps were you delirious or despondent today ?
Daveri007,
There does appear to be an anomaly in that the July RNS does state the 5 million was exercised at 2p a share although the schedule per the accounts at 30 June shows that there wasn't any options unexercised at that price for GH.
A further query on GH options is that per the RNS of 24/7/20 he exercised an option to purchase 5 million shares at a price of 2p per share although the schedule per the 30 June 20 accounts showed no unexercised options at 2p. Again, can anyone please resolve my confusion ?
Evening SpadesAspade,
Sorry I'm struggling with a mobile phone screen, failing eyesight and low technology skills ! As far as I can see from the RNS listing the answer to your question is no, none exercised by AB. (nb the RNS of the 28 Jan 21 extended the expiry date on 32.5 million of his options, which would have now expired, until Feb 22 and Apr 22.
Thanks MH01 - so 14 million remaining ? I can't quite understand why the options at 2.5 and 3.5p were exercised before the previously granted but unexercised 14 million at a lower price - can anyone enlighten or correct me please ?
Does GH still have options to exercise ? Whilst I'm sure that he will wish to have a considerable holding into the foreseeable future I wonder how many more he will wish to cash in. This is not intended, as any way, a criticism of the man but more the potential drag on the share price of any such disposals.