Member Info for molarcanine

Fully on-board with that Antigua/Matty. Absolutely brilliant prospects for GGP but does the PI get pushed out?

Personally, I have no doubts about where GGP is going and their potential. My worry is the manipulation.

Hi SpadesAspade, liking your post.

Any chance you could expand on "They had a mandate to deliver Havieron on budget that’ll make your hair curl when it comes to releasing the news of profits attained in the not to distant future."

Thanks

No doubt you can explain then Acechaser, or maybe not?

Lebugue-addick, I must admit, I'm confused by what you say. Apparently, Shaun has said several times we will not be seeking to issue more shares on ASX listing, yet conversely, if it turns out to be a regulatory requirement insisted on by ASX, the fund raise will be immaterial or indeed nil.

Is Shaun not aware of the regulatory requirements?

Despite researching, I cannot find an example of anyone issuing shares on any market that equate to nil.

Might just be me not understanding something?

Let's say for example, and I know it's not the current case with us, 90% of a company's shares are held by institutions whose intention is, as I mentioned earlier, to take future dividends or await a possible take-over, despite great profits being made, what would propel the SP? Considering only 10% of shares might be sold/bought.

Just trying to understand.

Hi Bamps21, could it be the case that the more institutional holders we have (usually holding long term) the more static the SP becomes?

Hi ACMcC, yes on the face of it I would agree, reassurance that Newmont have taken a 20% stake. Not so sure that was their original plan though? Is it feasible that even at a surprisingly low placing of 4.8p Greatland couldn't raise enough to meet Newmont's price and as such Newmont, for reasons unknown, agreed to take 20% with a proviso from Wyloo?

This whole evolution of Greatland really does have me hooked. The more I study, the more I investigate, the more it becomes a Dan Brown novel. Da Vinci Code for me... intriguing and enjoyable all the way.

Thanks Rotherby1, my thinking was along the lines of long drawn out selling and buying.

As some have said on here, rightly or wrongly, some days we see (to the likes of me but perhaps not to big players) after hours reporting of substantial sells/buys which appear to have no impact on the share price.

Of the top of my head I can't recall the prices that some big backers bought in at (other than Wyloo - just over 8p I think) but some bought in a fair bit higher.

I was in at 7p and I think I will buy again at a lower price to average down as they would say - I just wonder why the big backers who bought in a long while ago at a higher price wouldn't seek to do the same.

For example, instruct broker A or whatever to start an order to sell off at x amount and instruct broker B to start an order to buy at Y amount, done in such a way as to circumvent the need for TR1 (a bit unclear as to time limits here to be honest).

Dark pools is apparently a thing, not all trades are OTC. I Might be thinking too far outside the box here! But like I said, all new to me but very keen to learn.

Thanks again Rotherby1

Hi acechaser, I'm not quite sure what you mean?

A whole new world for me. Spent more time than I should have looking into why the share price behaves the way it does. Lots of factors, market-wide perhaps uncertainty, the macros and micros that are espoused, I seem to be going around in circles.

Would it be unreasonable to suppose Newmont, Wyloo, Tembo, Firetrail and the rest, are working a system to lower their average buy-in.

They maintain their percentage of holding whilst averaging down?

Considering our potential, this is all I can come up with.

Perhaps the market-wise posters could help me out here?

tuggy, long story short...

my father in law used to work for the post office and some years ago they gave shares to employees. that was his introduction to the market so to speak. he made nothing on those shares. the idea of making money on the stock market appealed to him greatly. he thought he would make a great trader, he bought and sold for a good few years and made nothing - i suspect he lost a lot. every family gathering his chat was about his latest find. greatland was his "stick with this one" i'm going back a few years, but i do recall him always saying - this is the jack and the beanstalk. i do know that he bought in at 7p, it rose to 35p or more and then dropped rapidly, he held faith and refused to sell. he bought shares for our daughter, his first and only grandchild. sadly he died a few months ago and didn't get to witness what he predicted. i have no experience in this sort of thing but together with my wife we decided to take up the torch. we bought shares at 7p - during the clearance of his house we came across an awful lot of notes in relation to greatland and somewhere amongst it all he had a "file" on contributors on london south east.

there are only a small number who post these days.

i have spent the last few months going through every bit of info i can.

i feel very comfortable with our investment, i am well known for being a tight ****!

i'm not talking big money, whatever that is, but i am prepared to ride this out for at least 5 years - possibly more - i shall learn as i go.

greatland, for me, is an incredible story. incredible!

there may be some who would like to jump on my next comment, but it really is the only mild concern i have.

we have never had a definitive or conclusive response from greatland to the lower aquifer issue at havieron.

Forgot to say, thank you to anyone who can help!

I have done a considerable amount of research on this, came up with nothing conclusive.

I have read through the notifications and disclosure rules on FCA.org.uk but can't get to the bottom of it.

Probably I've missed something?

If a broker, or the likes, is filling an order for a client, does the broker have to declare passing the percentage threshold whilst continuing to fill an order or does that responsibility lay with the client once the order has been filled?

Which leads onto my next question - Can the client ask the broker to buy the last share at 100 times the average buy price, thus not completing the order - and therefore not be obliged to declare?

Views and opinions would, of course be appreciated, but authoritative links would be just that bit more appreciated.

Well at least today didn't end in the ruination as predicted by some.

I might be a late joiner, and perhaps not as clued up as some, but I think this thing is going to explode.

Thank you for taking the time to respond Dip666, appreciated.

Dip666, please excuse my ignorance, what does L@ is listing mean?

Thank you dip666. Gosh, here was me thinking it was only one, possibly two.

Hi schlemiel, thank you for your answer. I did come across the list you linked to but still confused. Can anyone on that list jump in and out of being a market maker for GGP or does it not work like that? Tried to do some research on this but can't seem to get anywhere. I can't seem to come up with what market makers deal with GGP.

Thanks again.

Is anyone able to tell me who the market maker(s) are for GGP?

Glad I didn't join in until the agents had done their job then. Phew!