RE: The bigger picture14 Sep 2022 11:23
People suggesting the share price is reflective of the deal are clueless about markets, it's embarrassing, in fact when I say markets I mean economics in general. People love to thrash out some cliche lines that have been peddled over the years about the markets. "the market looks to the future", "it's already valued in" - get a grip.
Also, the financing of Havieron is my least concern over GGP, Shaun Day's bread and butter is finance, that's the area where if you're gaffer you'd trust your minions. My biggest concern is the shareholder value that he so eloquently mentions, the free float does us no favours, the repeated dilution whether a means to an end or not just weakens my hand each time unless I keep buying, my concern is that because of that the price of dreams slips away a little each time until eventually the profit I take from it will be that I could have taken many times over in a few other shares over the last 3 years that I didn't because I'm heavy here.
But yeah, concern yourselves over the finances with speculation or trust a very well respected CFO playing CEO.