Is it a positive way to look at the share price decline to know that having dropped 30p from its all time high it can only decline another 7.5p. Probably not!!!!!
The various stock market indices may rise and fall but the one thing that remains constant is that this share falls on a daily, weekly, monthly basis. Rant over!!!!
With the slump in the pound and all of our future resources and assets being valued in USD and AUD you would believe that those facts alone should have a.positive on our short term share price.
Yes agreed Mattyboy, but now we are in to the final throes of what has been a long road, posters on the board seem to have left this out of any projections of future value actually accruing to Nano.
Has anybody with these huge numbers being put forward discounted the percentage that will be taken by our legal backers. Presume they are on a considerable number. Well worth it if outcome very positive.
One of the benefits I have found in being really old is that you can look back and remember a day when the share price actually increased! If this decline continues a concert party could pick up GGP through share purchases at these lowly levels and a small premium for those that managed to buy at 8.2p to get past 50% ownership.
Far to many people on the board seem to think this is a great deal. I disagree and think that issuing at a large discount to about the lowest share price in two years is poorly executed. All along he has been saying the shorters will need to buy the shares back. Little did we know that he is instrumental in them obtaining them at a rock bottom price. What happened to that queue of banks ready to fund us. Very unhappy and have no confidence that this was the best that could be negotiated.
I will be more interested in what Shaun has to say tomorrow. A clear and concise update without the Newcrest game playing we will probably hear tonight.
Will we see some of the short positions start to buy back rather than be exposed over the four day break. Balancing the little profit that can be extracted from a short with the share price in the 10’s, against the risk of positive news during this time gives me hope for some upward movement in the share price.
Was this morning’s new low when our shorts have since bought back so that they have either no or less exposure if a bid comes very shortly. Having manipulated the price into the 10’s there was very little more profit to be made versus the risk of a bid or more general upside movement in the shares. Just my thoughts,
My concern is that with a share price of 11p and gdxj and others willing to sell at similar prices an offer of 100% premium would be grasped very quickly. I know lth’s like myself want a lot more but without some very positive news from Ggp to many people will just be glad to take an uplift and move on. Not what people want to here, me included but this share is drifting away every day and nobody is able to turn it around
Presumably with the sustained drop in the Gdxj share price they are selling to raise the monies to meet the investors who are bailing out of their fund.
Attempted to help move the price by buying a further 180k. Been sitting all day with a 1.25 limit and finally going through at 1.237. Now I have a considerable number of shares but at just over 1p it doesn’t add up to much. Fingers crossed for some news that raises the price,
The word was delighted in announcing these results. Share price dropping from £17 and today dropping a further 16% on ‘reassuring ‘words from the company. Lucky we didn’t have disappointing results. New blood needed at executive level and improved communication required. Disappointed would be massive understatement for their performance.