Nothing I nor anybody else can say on this board will help protect any investment.
I admit, I have called out more positive posters than negative and that's for two reasons. Firstly, there are more of them and secondly and more importantly, look at the share price over the last two months, the 'derampers' have been correct (not that they would ever get any credit for it).
I stopped investing in AIM years ago but the COVID situation reminded me very much of the credit crunch times when there were some unique risk/reward opportunities available. I don't have the time nor energy to invest in multiple AIM companies and so the small percentage of my portfolio that I have set aside for this will go into a single company which is currently GDR.
All that being invested here means that at some point in the future I think I am going to make gains that I am happy with. The fact that I call out people who make ridiculous predictions doesn't change that. The fact that I point out when people have been wrong consistently for months doesn't change that. The fact that I think timescales might be a little longer than some doesn't change that. The fact that I don't think that when we rise for one day that suddenly the bottom has been reached and we are on our way to a significant re-rate doesn't change that.
The idea that if you are invested in a share you have to be nothing but positive even in the short term is utterly ridiculous, it pays to be realistic and objective where possible. The fact that whenever someone posts something which isn't positive gets attacked says far more about the attackers.
Safy, I still have confidence that sales will come although I am less confident in the level it will consolidate at after that. This drop in sentiment has been going on for a couple of months now and the longer it goes on, the more likely it is that people will sell into any rises.
I guess the overall concern for me is that AIM companies sometimes never realise their value. So even with sales our market cap might look low compared to others but there is no guarantee it will ever correct itself.
I continue to hold a significant number of shares and did accumulate over the last couple of weeks. So confident in gains but perhaps not as much as I first thought.
You should be happy bigbench, these types of conversations give you further opportunities to brag to some anonymous internet dudes how loaded you are!
Unfortunately, anybody can claim anything on the internet and sadly, it does to tend to add weight to someones opinions if people believe that person has invested significant sums into a company. I am not saying anyone here is telling porkies but I am sure it happens.
It’s the double standards that gets me. As long as you predict positive things, it doesn’t matter how wrong you are or how often. If you are neutral or negative, even if what you say turns out to be true, people still berate you.
I guess it’s just human nature to side with people who say things that you want to be true, even if it does cloud your judgement.
There’s a good amount of profit to be made here though so while agree that £5 seems like a long way off, I wouldn’t rule it out entirely.
If they fully convert, which I assume they would, the minimum number of shares they would receive would be 8.7m shares. With the placing the maximum additional shares they would gain via adjusted conversion price was 2.5m and I assume there’s more after the GHIF conversion. I reckon when they convert they will be issued around 11m shares.
Punter, you might look at that tweet and question it's reliability given that when it predicted the share price would be £3+ it was actually £1.30 and dropping but you would be missing the point. When you make a ridiculous prediction which turns out to be nowhere near the mark, it doesn't impact anything you say in the future because it was positive.
That is why it is almost guaranteed that the share price will be £5+ by 10th July.
I don’t know how many of you follow the twitter guys but one of them said this on 31st May...
“The endgame here is £3 in the next fortnight then onto £5 within the next 4/6 weeks... these are very reserved targets taking into consideration all the metrics associated on the lower end of the spectrum of potential upside - research & conviction is the key to success.”
I know the very reserved target of £3 wasn’t quite met but should see at least £5 within the next couple of weeks according to this.
Firstly, it wasn’t GDR’s decision to convert and secondly this would have had no impact on their current cash balance until at least January 2022. Surely this upscaling would be happening way before then?