RE: Bottom line, what's the SP going to be a year from now?28 Jan 2022 03:30
Morning Jiffy, this is all about the long game now.
All these Dicks who come on spreading FUD are only here because they want what we already have.
They know how massive this is becoming and because there is no chance of shares being available through new placings, they are deliberately trying to get weak holders to sell at ever decreasing levels.
The way I see it is that the free float of shares is getting smaller by the day. You can tell this just by the amount of shares traded each day.
Traders are obviously still here, but most holders are just sitting as Paddy says with bums on hands.
In some way, I just wish GGP would do a 10/1 consolidation, as that would make it even worse for getting hold of shares.
The MM’s have driven this price down. Nothing to do with what our asset is actually worth, but because of such a small amount of shares being traded.
It doesn’t matter to them if we are priced at 13p or 130p, they will trade at a price where they can make money.
At some point this will turn around, and when it does I won’t be at all surprised to see it rise again to new ATH’s far quicker than it fell.
Now who’s going to blink first ?
Somehow I don’t see it being the holders.
If the MM’s want to return to days of 50,60,100 million shares traded in a day, they will have to raise the price just to tempt some to sell and that alone will see daily % gains and tempt new investors onboard just like during 2020.
But this time knowing far much more to what Havieron has to offer than we ever did back then.