RE: Shaun Day's Visit?12 Jun 2023 19:43
Hi Ben - I think you are probably right that something must be going on in the background that we don’t yet know about. Whilst like many others I am not happy with the constant drip in the SP, I would be even more concerned if the shares out on loan were massively on the increase. Truth is they are around the 70m mark and were at this level back on 17th October 2022 so shorters cannot be reading GGP as a basket case, they are dabbling here and there with the shares out on loan going up and down somewhat like the SP albeit I admit the latter has been mainly a downward trend. To conclude, if the shorters are tentative then there is every reason to suspect that the fundamentals associated with GGP have every chance of sending the SP back on an upward trajectory (likely prompted by the ASX listing in August and of course the Lassonde Curve). Not easy to keep positive when we’ve had 2.5 years of SP decline, but either you believe in what we have (including Shaun) or you don’t and in which case no point whining on here, you may as well vote with your feet. Good luck to all regardless.