Member Info for YNWA91

Don’t understand the constant complaining about after hour ‘trades’. For one they aren’t after hours trades they are just reported after the close, which is completely allowed to avoid wild swings in the price during the day. So what exactly do you expect the FCA to do? Secondly if you think they would have such a massive impact on the share price do you not think it would have the same impact the next day when the market reopens?

MH01 why even respond to him, clearly talking nonsense

Napthman - You can’t just move the goalposts of what the next catalyst is going to be every time you’re proven wrong. You’re not going to be banging on about this with 20 posts a day for the next 3 months are you? All the experts who stayed up for the results commented that they were great and expected a big rise in the morning. Then when it fell they had to go into big explanations of why the fall was inevitable.

Anyone can predict what’s going to happen after its already happened.

Plode - You have some persistence for someone who isn’t invested and hasn’t got a clue what they are talking about I will give you that.

Spade - Why do you think the MM will play games to pick up shares, surely the best way to get people to sell any significant amount would be to move the price up? If you wouldn’t sell now you’re not going to sell when it drops a few percent. Obviously they try to take out stop losses etc but that must be minimal at this point.

I think the biggest benefit to Aussie institutions is that it put the brakes on the SP rise, if not they could have been looking at a fairly higher price when listed and they have to take their positions. Still possible mind you.

MH01 - I understand a discount is commonplace for an IPO, but correct me if I am wrong but I don’t think it is commonplace for people to have to agree to buy the value of shares first, and then they announce the discount later. I am not naive I understand that he will offer a discount and the Aussie II will know exactly what the discount is going to be and exactly what price they are going to pay, just think everyone should be in the same boat.

I am not worried about the price at all. I, like you, think we will be 25p at some point this year. The institutions will believe that also, so they would be expecting to make money either way, discount or no discount otherwise they simply wouldn’t invest. The placing should be an answer to the lack of liquidity, not share price.

Usually there would be a discount to encourage people to buy in, and that discount would be disclosed before hand so investors knew where they stood before placing any orders. However anyone interested has already placed their orders and it is oversubscribed so why would you offer a discount now? Like agreeing to sell your house to someone then just before it goes through you say it’s ok you can have 10% off.

Element - I’m not having a go at anyone, I’m one of the ones who stuck with GGP through all these years. All I’m pointing out is someone shouldn’t judge future investments based on the way this has worked out.

It turns out SD knows exactly what he was doing and hasn’t just thrown private investors under the bus, how often can that be said about a CEO on AIM? We never knew that when he first took over, don’t forget everyone loved GH until he sold up and left us in a mess. And as you say if investors hadn’t held on and saved the company it would be long gone. You did not know 100% that investors would do that, and if they hadn’t your investment would have been lost.

Also I think most of us have called it wrong to a certain degree over the years or we would have all sold in the 30s and bought back in the 5p area. Don’t forget you assured everyone a number of years ago that there was no way we would ever drop below 14p. Most of us also turned out to be wrong regarding the 5%, and the shorters debacle.

Again not having a go your knowledgeable posts are great and helped me stick with it over the years along with a handful of other contributors. Anyway no offence intended onwards and upwards for next week 🙂

IanCurtis - I don’t think you can really claim to be fairly capable when it comes to risk management, and then say you’ve invested every penny you have and even taken on debt to invest further. This share is only going up in my opinion but a lot of people lose all their money when gambling like that. And as someone else has said, dont use GGP as a benchmark for future investments, for every company like GGP that has succeeded there are 99 others, especially on aim that do raise after raise after raise before folding a couple of years later.

A lot of us believed this would recover from 5p, but it was 50% educated guess and 50% luck. Most were so underwater they had no choice but to hold on and cross their fingers. Good luck though 👍🏻

TomE - You are clogging up the board with all your moaning about someone else clogging up the board.

Bunky - I’m not saying you should reinvest a dividend, just that it is an option which isn’t available if you just sell 5% every year. As someone else has said you are assuming a company loses 5% of value when they go ex divi and never recover, which almost never happens. And again, it’s the compound interest if you reinvest, so within roughly around 14 years your investment will have doubled, plus you have been exposed to any additional growth in the company. Compared to selling 5% a year within the same 14 years your investment will be massively diminished unless you can 100% guarantee significant growth, which you obviously can’t.

Also, if the company keep the extra profits they might invest it well, increasing profits, but they might not and some people would rather have the cash in their pocket. If you get a dividend every year and the company doesn’t grow at all for 10 years you have at least got some ROI from it and inflation hasn’t eaten away your initial investment to the same degree.

I’m not a fan of investing in the stock market for dividends though, and I think there are far better and safer investments long term if you want a small income from your money. The real money is made from growth in companies like this one. Not a fan of dividends I just understand how they work, a lot of people don’t apparently.

Jerry, Bojo - Don’t get me wrong I am not wanting or expecting a dividend from this investment, at least not for the next 5 years or so anyway. But it isn’t even remotely similar. If you’re selling stock every year your amount invested obviously diminishes every year and if there is no growth your ‘dividend’ equivalent will be lower and lower every year. And leaves less exposure to potential growth in the future, all affecting the ROI. If you get a dividend you have the option to reinvest which compounds the dividend every year.

It annoys me when people call for a dividend here, if you want a dividend just invest in a company with a proven dividend record. And Jerry of course dividends affect a companies value, but companies who pay a regular dividend do so because they have excess cash and they think the most economic thing to do with it is to pay it out to shareholders as a way of keeping and attracting new shareholders.

I can see why you say it is the same thing, but you’re wrong.

Jerry- Why do you keep saying that selling 5% of your holding every year is the same as getting a 5% dividend? It’s not even remotely similar.

MattyBoy - I can more or less guarantee that if you blame all downwards movement in SP on MM manipulation then when we list on the ASX you will still be routinely blaming manipulation every time the price doesn’t do what you want it to do. I do get your frustration though. Good luck.

GetRichQuick - Get a life.

Hargreaves Lansdown daily high 14.4

It was obviously a mistake on google. No other platform showed that price or offered you a chance to sell anywhere near that level, even google have corrected it from daily high. I hope anyone who has serious money invested here doesn’t go off the random price google shows.

I think the momentary 14.99 price was the MM trying to manipulate the SP upwards 😱

Also, I don’t think it can be classed as accretive if it is being issued just to help ii get their quota