RE: 2p club12 Dec 2025 19:42
Hi wardy1964
What a day that was when Newmont walked, citing 'not at this time'!? I'll never forget THAT day! :-(
My investment was left massively down and I was feeling thoroughly ashamed at how I had just managed to 'spaff away' the modest inheritance my dear late grandfather had left me!
However, I borrowed some more money and averaged down (not that I'd recommend that!) and it appears that it has paid off.
Prior to Rachel 'Thieves' first budget I also withdrew a lump of PCLS from my pension, chucked it in the old ISA and invested the whole £20k into GGP around the time of the share issue prior to the ASX listing.
Now holding 107,500 shares (post consolidation) and sitting on a 932.03% profit of £444,109.06 as of COP today, all from a total overall total investment of £47,649.69. (I also drew out a chunk at 18p old money a few years back and chucked into SAR - Not my smartest move as I sold out recently at a £60k plus loss!)
Has taken over 11 years to get here though and many of those since 2020 have been a tough hold!
Hopefully we will start to finally see true value build steadily now going forward, and I myself am hoping for £10+ a share at some point (and preferably while I am still breathing!)
GL.