RE: #GGP Podcast. Glory above if the price can breakout.6 Oct 2024 08:56
I think the market will judge GGP properly once on the ASX. Around that time I “expect” GGP to update the market on Telferm’s resources, Havieron’s resources, the FS for Hav may even drop. Once GGP lists on the ASX and the market cap can be large enough to be included in ASX300, ASX200 and ASX100 trackers then watch demand for shares increase. Natural demand from Australian pension funds, EFT funds etc. which will be new demand. GDX may even follow, more new demand.
In the meantime this weekly going around the houses chat board here will persist. Those super negative on GGP will be negative and berate those who are super positive. They’ll clash and argue. The pattern will continue each week.
Price discovery on the ASX will align with the release of important documentation I hope that results in a market cap near or above De Grey… with the added benefits of making the various ASX trackers I state above. That’s IMO.