Member Info for MattyBoy1965

Sorry to appear somewhat dumb, but how does a 'share buy back' work'?

In the event of one taking place are we then forced to relinquish some of our current shares at the price offered and how does that impact upon the overall value of that holding?

I know that when I was much younger my parents would often complain that it seemed that whenever one of their stocks dropped in price it started to appear that they were then forced to sell some of their shares for less than they might be worth in the future (Utility companies mainly from memory).

Thanks in advance.

Nice one ripley94

I have just over 2m shares (split between an ISA and Pension), but was fortunate to get in early and have an ave. of only 1.1p in the ISA (but 11p odd in my pension so still underwater over there).

I'm not that great at picking winners but I do truly believe in the risk/reward for GGP (especially at the currently low price)

The only potential problem that I can see personally is that we get royally f8cked over like we just have been here, but I do believe that our CEO Shaun Day has morals and a genuine interest in doing what's best for his SHs (unlike the low life scumbag sacks of sh8t on the Shanta BOD, who don't know the meaning of the word integrity in my opinion! 😡🤬)

Still one can never be sure where big money is at stake, so all we can do for now is wait and see.

GL

Nice one ripley94

So long as we don't get thoroughly shafted (well and truly) just like Shanta share holders, with the company taken private by certain members of the BOD on the cheap and just as the $$$s started to flow, it should all come good eventually (very good IMO!)

Been invested here for last 10 years this July (pre NMT walking away from EG saying 'not at this time') and seen many ups and downs! Been one hell of a ride!

Still holding for the 'prize' and if my investment in SAR goes the way that I hope (as that's where I put what I had in Shanta) then it's all coming in here!

Just hope that the sp hasn't risen too much before then.

GLA

''legislative scrutiny has been weakened''

That's an understatement Basser1!

The AIM 'Regulator' is a feckless waste of space that it would appear spends its days sitting around with its thumb up its ass!!

Who here has EVER received a response to an email sent to them or read about some company or entity being fined?!?!

(I know that I sure as sh8t haven't!!! 🤔🤨 )

Is it any wonder both companies and investors are starting to desert the London Markets in ever increasing numbers!

https://www.standard.co.uk/business/london-stock-exchange-shares-ftse-100-crisis-equities-fund-outflows-b1145526.html

Also if the feckless AIM Regulator actually did its f8cking job, instead of sitting around with its thumb up its ass, (has anyone here EVER received a response to an email sent to them, or read the results of any successful action taken against anyone!??!) then perhaps half of the crooked sh8t that goes on might stop and companies might just be tempted to stay!?

Just a thought.

''the consolidation was a deliberate play to make dilution and a possible take-over easier... and that they already had Riverfort in mind as the executioner''.

No prizes for guessing who the architect would have been in all of the above (IMHO) and we actually pay them a fee for the privilege! 😡🤬😡

The sooner they are gone the better!!!

''We deserve to be informed by the BOD who it was who suggested RF and who knew their form''.

We certainly do fearg (and my money's on Parker and 'Real C**t' in that order, but all in my own opinion of course!) but whether we will though is a different matter!?!

Still news is due soon (hopefully good) and the sp certainly appears to be moving in the right direction (for now!).

Not at all pedro61!

GGP at a near historic low from 37p down to 6p (thanks to the Shorters who will eventually have to buy back!) and SAR has a long way to go (and should re-rate to £1 plus upon P1a results due Q2).

(AIMO and do your own research!)

I'll stick with GGP thanks and SAR (who are up another 26.88% today so far, meaning I've trebled the value of what was my SHG holding in under a month and with (IMHO) more far upside to come! 😉)

(GL to those still holding here)

''We will be finding out who recommended them, even if it means waiting to the AGM''.

I think we can probably already guess (and the sooner Peel Hunt are gone too the better!!)

Now the wait (hopefully not too long now) for the P1a results and that much deserved re-rate to £1 or more?

Fingers crossed and GLA

My brother did the same for his 40th bailiff, as I bought him a half hour flight in a Stampe.

I prefer rotary wing aircraft myself and have time logged in an R22, Enstrom and the Eurocopter EC120b Calibre (my favourite!) all out of Shoreham Airport (are you local to Shoreham?).

Never got my licence (too damned expensive!) but it is an 'itch' that I l did like to 'scratch' occasionally when I was still working.

If this comes good (really good) who knows (as I really like the look of the new Hill HX50!) but probably getting a bit too old now (60 next Jan!)

Any way it's nice to dream and best of luck to your son for his Officer Selection Board!

Thanks sadoldgit

Now have a total of £81,387 riding on this, but am more confident of at least breaking even or hopefully far better.

My brother's average is now only 36p (although he has less shares) and we are both really hoping for a T/O buyout that will be sufficient for us to build a modest house for each of us on the plot of what is currently the family home that we both grew up in and where I currently reside since our late father passed away some 2 years ago now.

(If not then we will probably have to sell up! 😔)

Fingers crossed and GLA!!

100% agree Lazarus2.

I now have 55,000 more shares and my sp ave. has dropped from £2.58 to 96p!

I'm ecstatic, but not as ecstatic as I'll be with a T/O offer north of £1bn! (When/if that arrives?)

What I found more shocking Bellers in that interview was the part at 14.00 concerning the shenanigans going on at North West Copper resulting in their Executive Chair's resignation!?!?! 😲😲🤨

''certain members of NWST's retail shareholder base have approached board members and used highly improper methods to try to cause decisions to be made which would confer upon them a personal financial benefit. In my case, I have been threatened with personal litigation on more than one occasion for resisting such approaches.

I believe that NWST can become one of the most successful and prominent members of the junior copper mining community if its considerable assets are managed correctly." - Grant Sawiak, Executive Chair, NorthWest Copper.

Just a taste of the corrupt sh8t that can (and obviously does) go on behind closed doors and 'hat off' to him for having the integrity not to succumb to it!! 😡🤬🤬😡

Good choice 96dc2!!

(I'm hoping to treat myself to a 992 GTS Cabriolet when this finally delivers! 😉😁)

Bye!

Just in case anyone still needed further evidence that Share Holders have been well and truly shafted eh!?!?!?!

Royally robbed and still they want to stick the knife in and rub salt into the wound!!

Just hoping that Karma now visits all members of the BOD in ''boat loads'' (thieving f8ckers!!!! 😡😡)

(Still I can't complain personally as having already sold up prior to the 'vote' results and chucked it all into SAR, I've almost doubled my investment in under two weeks, and with so much more upside to come (IMHO!) 😉😁)

Tell me about it NAV_Mike!!

I sold my small (£5k) holding in Shanta for a small (£500) profit just before the result of the vote to chuck it all in here at the last raise (and so far it was the best decision!)

Had not been invested long (around a year or so) but really feel for those who backed the company for many years only to now get utterly robbed just as the 'spoils' finally arrived!

(I'm heavily invested in GGP too (just over 2m shares) so just hoping and praying that we don't get similarly shafted!?)

''and the Court sanctioning the Scheme at the Court Hearing."

The only saving grace would be if they take note of the blatant corruption surrounding this complete sh8tshow and refuse to sanction it?!

(More chance of the Tories winning a landslide victory at the next General Election unfortunately!!! 😏)

''I believe we are in the worst times as a investor for a long times, corruption appears everywhere''.

100% agree carter19!

(Just ask Shanta Gold SHs!!! 😡🤬😡)