GP medium term investors14 Oct 2020 12:27
GP (Jersey) Limited is a private company with a low profile, that has been in business for 30 years.
It has previously invested in Union Jack Oil gradually building a stake up to 15% over 2 years, which it sold for more than 100% profit.
The share price of UJO today is still 60% higher than the average price GP bought its shares for.
GP might on 20-10-2020 have 61,573,978 shares with an average price below 1.06p
They are happy to slowly buy in the market to increase their stake.
They see strong potential for an increase in value.
Expect to see a few holdings RNSs