RE: Year End opinion30 Dec 2024 22:39
It has always been one of GGP's management objectives to increase the ratio of institutional investors in the company . However, the City IIs will only buy GGP shares at a very low price and this has been the case for many years and likely to remain so for the immediate future. Whether anything will change with a dual listing on ASX is to be seen.
Listed in London and on AIM - some other possible reasons why the share price is not leaping ahead:
https://www.cityam.com/london-stock-exchange-suffers-biggest-exodus-in-15-years-as-former-boss-sounds-alarm/
"Xavier Rolet, who ran LSEG between 2009 and 2017, said lacklustre trading in London created a “real threat” of more UK firms ditching their listings in the capital for better returns overseas".
"Rolet added that falling volumes of trading in London in recent years compared to a sharp rise across the pond meant companies were forced to price their shares more cheaply in the UK to attract investors".
https://www.cityam.com/londons-aim-is-dying-heres-how-to-fix-it/
"London’s Alternative Investment Market, or AIM, has had a rough few years. The number of companies on it has dwindled to just 610, down 88 from last year, and the rate shows no sign of stopping.
While AIM companies have always been small, they’re also getting smaller. The average size of an AIM-listed firm is now just £111m, 11 per cent smaller than last year".
"AIM has had one big problem according to Peel Hunt: “Aggressive fund outflows”. "
Aside of all the GGP milestones pencilled in for 2025, my wish list includes more significant rises in POG during 2025, as that may help mining shares generally, another tier 1 find at one of our tenements in 2025 and clearer chart evidence in early 2025 that the seond wave of the Lassonde Curve has started.
GLA in 2025