Six months ended 31 December 20246 Mar 2025 06:07
What a difference six short months have made from June 2024 to December 2024, so what will the next 6 months do?
Financial, Half-Year Financial Report to ended 31 December 2024
· Closing cash position of £71.9 million (30 June 2024: £4.8 million)
· Nil debt balance (30 June 2024: £41.5 million)
· Net assets of £491.5 million (30 June 2024: £41.0 million)
For context, June 2024, sp 7.5p
Shares end 2024, 13+ billion = increase x 2.5
Cash position, end 2024, £71.9 million = increase x 15
Debt, end 2024, zero, decrease = £41.5 million
Net assets, end 2024, £491.5 million, increase = x 12
Share price, end 2024, 6.36p, decrease = -16%
Now and only now, people are waking up, as is the disaster known as AIM, to the fact, GGP is a cash cow, the spivs know that their GGP gravy train as is, is coming to the end of the line.