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For a fee, this late in the game it will be a substantial fee. If they thought they were going to win why get the insurance. What risk are they mitigating? Or is it in case they are requested to prove that they can pay in the event of a loss. I'm unsure whether it's positive, negative or meh.
Exactly Barna, we saw it all the way up previously when it was happening regularly. Between that and tax covering.
Courtesy of George Mack.
10 thoughts on incentives:
1. Don't ask your barber if you need a haircut.
2. "I can fix the $32 trillion US debt problem in 5 minutes. You pass a law that when there’s a deficit of more than 3% of GDP, all sitting members congress are ineligible for re-election” - Warren Buffett
3. 33% of British criminals were dying en route to Australia in the 1700s.
Britain switched from paying sea captains for every passenger who walked on the ship to paying them for every passenger who walked off.
Immediately, the survival rate shot up to 99%.
4. “Never attribute to conspiracy what is more easily explained by incentives and incompetence.” -
@naval
5. “If you reward profits alone, it’s the dumbest thing you could do. Employees will quit advertising and start shrinking the business” - Buffett
6. If video games teach us one thing: If you want to motivate humans, frequent rewards are more addicting than one-off rewards.
7. “I think I've been in the top 5% of my age cohort all my life in understanding the power of incentives, and all my life I've underestimated it. And never a year passes but I get some surprise that pushes my limit a little farther." - Munger
8. If the person tells you why their city, relationship, or job is great - take it with a pinch of salt.
If they tell you why it's terrible - take it like a handful of gold.
If someone swims upstream against their identity or incentives, it probably holds some deep truth to it.
9. "Incentives are like magnets. An invisible but powerful pull." -
@awilkinson
10. Skinner's Law:
If procrastinating, 2 ways to solve it:
Option 1 - Make the pain of inaction > Pain of action
Option 2 - Make the pleasure of action > Pleasure of inaction
The person with a gun to their head or crack cocaine at the finish line doesn't need motivation.
Red don’t forget to discount decommissioning costs of tefler into the investment costs of hav, that’s what makes it more profitable:
I think all it highlights is that there is a lot more intricacies at play in relation to developing Hav and using tefler than people realise when trying to value. I think that level of uncertainty for institutional investors is probably what prevents them going all in so to speak. Market doesn’t like uncertainty and that’s reflected in our price. I’m not swayed positively or negatively by the information just left with the same question mark. That article culpepper posted ended it perfectly, until further more formal Hav news we are still very much in the dark and can’t expect any breakout. I’m still deliberating whether to keep heavily investing each month to get my average down to low teens or whether to just sit on my hands and sit back and hope for the positive outcome that I’ve spent 4 years hoping for.
Least it was a good rns from us in my opinion. Addressed it.
Wonder if he has something to announce. Either way, it’s a definite positive. Just hope there is something to share to change things up in terms of sp.
James give it a rest, some of us have lives, our opinions aren’t devalued just because we can’t go to the other end of the country ya moron. Not only that, even if I could go, how much value could i possibly get to make it worthwhile, is my questioning or opinion gonna change the course of the company. You’re a moron.
You do realise you may not get a choice in a takeover
You’re a fool if you think i put any effort into framing my posts other than to say how I feel. I’ve been around for 3/4 years and I’m a pretty open book. I’m naturally negative but then again it’s pretty much impossible not to be.
I’ve just searched GGP Twitter, barely any posts. The contrast from a few years ago is unreal. If all you happy clappers were as positive as you claim why aren’t you beating the same drum as years ago, couldn’t go on aim Twitter accounts without being told how great GGP is.
But yeah, I’m the reason the price is down because I’ve spread doubt with my own personal opinion and feelings on being 66% down. Get a grip lad
What did I say that wasn’t accurate trippy?
Not saying I’m right about the placing but it’s just a feeling I get, it’s happened in multiple shares I’ve been in and always seems to happen the same way when the price is being battered. Admittedly, GGP have a lot more on the cards but I also think people don’t realise how tough it is for small time companies to pay wages whilst hopefully going to mine. Not only that, he’s still trying to attract bigger investors and let’s be honest, bigger investors aren’t exactly taking huge positions at the already low price of 8,9,10p.
I’m not an expert never claim to even know that much but prices don’t drop so much on something that people smarter than me see as something that is gonna rise to 40p from 6/7p. Surely if it was as obvious and as easy as being made out by too many on here then surely those with deeper pockets than my measly pauper pockets would be consistently adding whilst the price is in single digits.
I’m in too deep to sell and had too many years involved to sell so I have to live in hope but can’t shake the fear, guess that’s investing.
If there is a placing now would be the time to do it I guess, before it’s hopefully going up with positive news.
Maybe that’s the intention all along, get some serious investors to bolster the price to prevent takeover but what will they then consider a success. 12p, 18p maybe 24p? Either way nobody can tell me this is strong for anyone that has an higher average than 11p.
And those that go on about the positive news coming.. have you not been saying that since it started dropping? A year passes and you’re still saying the same whilst the price is still dropping.
Knock Gervaise all you want as well but at least he created the excitement that he needed to alongside the consistent positive results, that’s surely what you want from a ceo. Shaun day is building a business don’t get me wrong, he’s bringing in staff (big wages) and really battling like you’d expect a ceo to do but what is he actually doing for shareholder value, it doesn’t seem to me that he has that side in him.
James will no doubt be along shortly to tell me to sell or some other random nonsense from his Stockholm syndrome bingo card.
I’m not selling but I’m not going to be overly positive after having my isa dwindle to its lowest it’s been since I started the journey 4/5 years ago.
Trippytaka - it’s refreshing to hear that you’re telling us you’re tearing your hair out, people that are generally negative only want to feel that they aren’t going crazy and when you’re met with the cast from Barbie putting a fake positive spin on what feels like Armageddon it can make you get even more negative to point out the ridiculousness.
As for meeting at the town hall. Some of us live the other side of the country and have fingers in multiple pies, work and families so it’s not as black and white as that. Guarantee I’d be there if it was up in Manchester or Leeds.
I’ve topped up a small amount again and I feel sick doing it because I’ve got a bad feeling but unless I get my average down then I’m not going to end up with much unless all the excitement of four years ago returns.
I’ve got a sneaky suspicion the price is dropping to another placing price (based on absolutely nothing but a bad feeling)
Anybody using the phone gets better prices. They have to give the nms
Must be nice having 8p average
Good post gg19 but in the same token, visiting here and seeing absolute ludicrous false positive attitudes whilst you see your money getting worse by the day is nauseating.
2022 is our year, 2023 is our year and now someone saying 2024 is the year. Bore off.
Nothing wrong with money about the share price, nothing wrong with questioning current actions of the board or second guessing potential issues.
Speadie. Didn’t summberbee get sodomised by Lee and bell? ;)
What’s that to do with GGP?
You’re hardly under fire, you invited it either way by announcing yourself.
It’s your money do as you please, my only hope is some big boy has bought it up and locks it away.
I’d have sold myself if I wasn’t sitting on 62% losses. I like to think I’ll still break even or turn a small profit if I just forget about it. Either way it went from being an amazing investment with good profit to a shocking investment with terrible losses because I got greedy and bought way more for the elusive much bigger profit. Greed has a lot to answer for.
Wasn’t it the bottom at 7, 8, 9, 10 and so forth. Stop rinsing and repeating the same nonsense.
When will people realise this share is tosh. Even the news is always a bit cloak and dagger, never giving full details, making it sound better than it is. I’ve given into the fact I should have sold but now it’s hardly worth it.
Has anyone ever thought that in the long run any shorts or price manipulation may be a good thing. The more alleged ‘golden tickets’ that are in the hands of institutions especially funds the better, they will be less likely to hit 38p and panic sell causing a ceiling effect. I mean the majority of us will have trauma induced selling if it hits a big high again as we held on too long last time, that selling will stop it rising to where it actually could. Only downside to that theory is, are we seeing any funds and institutions loading up whilst the price is low… not really.
Just a thought I had this morning