RE: Tempted to dip my toe again????20 Sep 2022 15:15
beechknot - Thank you for your kind comments, and rooting for me to make a decent gain on my small punt. I also hope you walk away with a decent gain as well. I'm in no rush, I'm prepared to wait, but I don't think it will be that long. Just the slightest piece of positive news and the SP will move northwards. The same as it did in March when it touched 42p from the same levels as we are presently. In my opinion, on the back of any good news, and an increase in the SP, a raise will follow shortly afterwards. So it may be wise to sell fairly quickly on any spike IMHO. Interestingly at the moment, it's an extremely tight market for SP wise for GDR. Although the spread is showing at 4.17%, it is in fact less than 1%, as the MM'S are happy to offer 12.375p for large amounts, well above EMS size and therefore should be viewed as a positive IMHO. Good luck. We just need to be patient now. Atb Popeye.