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It is indeed. I was going to put another £50 in this week but I've been waiting for the pull back but it just keeps going up and up. :-)
I asked the question (as did many people) on the community help page but I got no response. I believe the last official response we got was back in June when they stated that we would just get cash. Not great.
Yeah, placed market order at 8am but took ages so eventually bought at 23p!
I’m not too bothered. Obviously I’d have preferred 20.5 than 23 and it has pulled back a bit but I’ve no plans on selling for a long time so hopefully 23p will be a distant memory in the months/years to come. ??
I appreciate that the same question being repeated several times in a short space of time can be annoying but It’s probably true that a Google search was done first in many cases.
If ever I need to find out something then I google it but inevitably the search results direct me to excellent forums like this where the question has already been answered by knowledgeable people.
Then when you become part of the community you should be comfortable enough to simply ask questions which, in turn, will benefit other people who are ‘Googling’.
If I’m in the pub with my mates (oh, I can dream) and I know one of them is very knowledgeable about a topic, then I’d ask his advice, I wouldn’t expect a “Google it” response.
Just my opinion, not expecting it to be everybody’s.
It’s just the difference between profit margin and profit percent lads. One is based on cost price and one on sell price. Jodoug was talking about margin which, to be fair, I don’t remember learning in primary school. I would say most of us talk about profit in terms of ‘profit percent’ which is based on the cost price so if we sell something for £10 that we bought for £5 then we would have made 100% profit. The margin, on the other hand, would be 50%.
I know there is no stamp duty on AIM listed shares but I, probably incorrectly, thought that if GGP were on the FTSE 250 as per the OP then they would no longer be an AIM listing?
It's just my lack of knowledge sorry mate.
Cheers
Thank you MH,
Been here since April with a modest holding but I'm loving the ride and the people here (even the clowns make me smile). I will watch those videos. I follow Paddy on Twitter and, as a result, I also follow AimTrader and InvestorX.
I'm the usual story, looked into buying shares when the lockdown started and bought into Easyjet, Albemarle and Disney; I then sold the American ones and bought some Tullow Oil; I sold and bought back a couple of times with TLW. Of course, I'm only talking about £50 here and there, then I stumbled across GGP, I started with £100 but on Monday, I convinced my wife to move some money (don't really have that much :-) ) so I now have £1k at an average of 10.6p. There's so much positivity in everything I read but there's a nagging doubt that this is too good to be true . Still, I have no intention of selling so I'm going to see how this all plays out.
Thanks again for the information.
Paul
Probably people like me mate. I've never traded before but as I'm stuck in the house for a while I thought I'd give it a go. Downloaded an app called Trading 212 and bought some Easyjet shares; a bit more reading led me to Tullow Oil and a bit more led me here. I'm only playing with a few hundred as I don't have 1000s to gamble with. It's addictive though!
Cheers