RE: Gervaise has Sold 2.7 million shares6 Aug 2020 17:58
I share the wish to get more positive news officially declared in RNSs, and I’ve been mulling over why people need constant reassurance. After all, money for most is not abundant and if like me you send yourself off to sleep at night imagining how it might feel to see it reach 18p/24p/30p then the sooner you get official RNS or broker notes the easier you sleep.
It’s still true to say that investors take the long view and traders need the daily stroking. No judgement in that BTW.
The rather excitable gang that latch on to the 64p/74p predictions share the same dream as me. I’m an investor in GGP and want and need that price probably more than most.
I look at Google Finance on average every 15 mins which is nuts. But I firmly believe every report we read and all the signposting by analysts to NC having a special resource in Havieron gives me all the belief I need until RNSs back it up.
So prices will go down and up. It may take the rest of 2020 to get to MRE etc (no news in that) so if you’re twitchy the psychology must be to wait for up to 4 months. (Up to 4 months NB, might be earlier). It’s also an evidence based share, so when a broker note says 21p it will move up. Daily angst wont move the SP.
In summary, whilst I impatiently want great news yesterday, waiting a while will be worth it. Please don’t leap to disappointment if we ‘only’ get a MRE saying 6-7Moz. That is a triumph, and just first base.
I’m here until the end of 2021 at least. Lots of sleeps, true, but lots of lovely dreaming until then. ATB.