RE: Soi on asx11 Jun 2025 14:35
Finding error, imo I don’t think it really matters just how many shares are in issue.
It allocated funds that buy shares, not the volume of shares.
So it doesn’t matter if someone invests A$1M in GGP, it’s still one million invested no matter how many shares they hold, just like having 20 pound coins in your pocket, or a Twenty pound note in mine, it’s still only valued at £20 quid.
The thing I fear, is that we will have to move 20p just be on parity with 1p today.
So I personally think the climb to the equivalent of the old ATH of 38.5p, may well take longer than many here think.