Member Info for Redirons

Hi SAS - we are on exactly the same page - I said as much when I was warning that we are not free yet from the shenanigans of AIM as after all it is the only exchange we are listed on in the UK. I get the cross listing on ASX should see more parity between both exchanges but not before the MM’s on AIM play their games for as long as they can imho!! Hope I’m wrong but glad your thoughts are on a similar line 👍👍

Hey Dooz - I don’t get it with Danny boy - he comes onto this Board a week ago and quickly proceeds to give out unsolicited bad language and abuse to MH01 and then me for standing up against such language and then all of a sudden he becomes the victim? I greenbinned him rather than protracted postings that I sussed would only deteriorate into a slanging match. I haven’t brought him out the greenbin as I am 100% convinced that he will not post anything of interest to me, but I think you are right that he shouldn’t post on a forum like this if all he wants to do is bad mouth people and then not expect some to respond in kind. As someone said yesterday we are getting newbies appear here who are either bitter that they’ve joined late or are just out to disrupt.

Hey Ace - glad you still pop in now and again - don’t forget all those beers you promised me when GGP proves up the share price!! 😂😂

I believe you Mark - funnily enough the same thing happened to me and no one believes that I early retired off the back of it and still loaded up ready for the real rewards GGP has to offer!! 👍👍

Thanks Dooz, SAS and Lseo 👍👍

Agreed Napthman.

Spot on Trippy - I will just bite my lip as best I can but filthy remarks get my goat as this is not the forum. Other know it all traders always find their way into the greenbin as well!! That’s the trouble with this country, unless we stand up against it, our standards will just be wholly diluted/eradicated.

Jesus FE - I’ve had my fill today - you’re accusing me of posting the mechanisms of dual listing but calling it cross listing, is that right? And yet Danny boy clearly calls it a dual listing but you don’t call him out at all??

Don’t worry responding, you’re not going in my greenbin for “hurty words” just for being hyper pedantic and inconsistent!!

Thanks Tom and Trippy - I know I shouldn’t have let this latest troll get to me when in actual fact I was just calling out his filthy language to MH01, but he’s greenbinned for good now and doesn’t deserve any of us responding to him again!! 👍👍

FE - I know and think you’re mixing me up with Danny boy - check my posts of 17.51pm and 17.19pm where I clearly refer to us cross listing. If you can refer me to a post where I say dual listing I will wait and see, otherwise a simple apology will do. 👍

Hi Element - you know I’m a big fan right, but when you say 1925% up on Monday, if you multiply 15.6p by 1925% it comes to £3.00 which is actually less than 15.6p conversion by 20/1 which equals £3.12 - what are we actually celebrating? Or are you using subtle humour that I must admit with the likes of Danny boy invading our Board for just the last week, I am bereft of!! 👍👍

Like the cut of your jib DM, as ever. I agree the SP puts us into a different league of typical penny shares on AIM but when you see MM’s acting the way they do, I still wonder whether we will get unexplained movements downward when we are all expecting upwards to match ASX. I try not to get cynical but been here so long I’ve seen all their antics, so can’t quite believe we are free from them yet?? 🤞🤞

LOL Dooz - you’re doing yourself down unnecessarily buddy. My concern is that whether we like it or not, in the UK GGP shares are listed on AIM and whilst I think a cross listing in Oz should help us, I’m not sure it’s the panacea that a lot of people are touting that it will be. MM’s operate on AIM and GGP is still on AIM for UK purposes, so I can still see the possibility that there will still be the underhand tricks played that we’ve seen tonight. To be forewarned is to be forearmed, or something like that. In conclusion I still believe that cream rises to the top so overall GGPers will be just fine, but we can’t kiss goodbye to MM tactics just yet IMHO!! - but I hope I’m wrong!!!!

A lot of people are putting a lot of hope in ASX running the show from here on in. As far as I am aware, ASX looks after the Ozzie market and moves with its demands, or not as the case may be. Pretty sure AIM will still move the UK market and SP around as it seems fit. Yes a cross listing means there should be parity between the two, but I’m not sure we are immune from AIM shenanigans that a lot of people hope we will be - hope I’m wrong!!

It’s not a question of being broad minded or puritanical - filth is just filth and by making no apology you show your lack of class - binned!!

That’s disgraceful language Danny - reported and binned - there are ladies on this Board who don’t need to be subjected to that. I recommend others report and bin as well.

Hi Rocket577 - you’ve clearly received the post consolidation number of shares (1,118) at the post consolidation price (£3.16) or thereabouts. You can tell that by dividing your cost £3,559 by the Offer Price (£3.16) to arrive at 1,118 shares being allocated to you. Had a pre-consolidation price been used (of 15.8p) then you would have been allocated over 22,000 shares. The point is, you are no worse off as your cost of £3,559 remains the same and when consolidation happens next week everyone will have their number of shares reduced to a twentieth of what they held, but the pre-consolidation SP should multiply up by 20 times. Hope this helps.

Hey Viking - sorry to hear about your fall and hope you get better very soon. Might be worth getting a full health MOT to minimise chances of it happening again. Take care buddy 👍👍

Hi Speedy - bit concerned about your post relating to HL as I am a long term investor with them and have had no such problems. Firstly, they are FCA regulated so have by law to investigate any complaint made against thoroughly and reach decisions within a prescribed timeframe. If you are unhappy with their final decision you can take it up the line to the Financial Ombudsman - if found in your favour by either them or FOS they have to return you to the position you were in before their error occurred so you are made no worse off. Secondly, they have always advised me to keep a small amount in cash (I keep £1,000) uninvested so as to cover fees. I haven’t been contacted at any point to say my fees aren’t covered but pretty sure their contract wording states that they reserve the right to encash other assets to pay their fees if there are no other accessible funds (or words to that effect). Good practice would be that they would alert you to any insufficient funds available to pay their fees to at least give you the chance to free funds up or even pay by cash over the phone. I would be on the phone demanding to speak to a Manager to discuss what has happened and if necessary would then raise a complaint. Are you saying they just didn’t employ the good practice I alluded to above and in fact employed their small print when they found you hadn’t complied with the requirement to keep some assets liquid to easily pay for their fees?

Hi Duchess - make sure you understand what I posted and Jerry and Molotov have reiterated. The SP might be 20 times the closing price as you state, but your number of shares would be reduced down to a twentieth of what they were before. So if the SP on closing was 17p and you had 10,000 GGP shares, the SP should go up 20 times to £3.40 but instead of holding 10,000 shares you would now only hold 500. Mathematically 10,000 shares at 17p is £1,700 and 500 shares at £3.40 is also £1,700 so hopefully you are no worse off, but similarly no better off. Hope this helps your decision making.