RE: Re-whoa.15 Apr 2021 07:45
Hi notrader, I am well aware of that you have stated hsving been in GGP with mill's of shares for a long time av 1.8p. When I started buying there was approv 300k holders, it reduced to 75k last summer. The fact that only 1% approx of shares traded in one day, can resullt in 12/18% price swings is new to GGP, and this indicates that massive buys have occured. Thus the free float is much reduced, and volatility can expected as a new feature of this shar. The LTH's accordind to Hydro's great list, held about 1.2bn shares. We now have institutions, that were only just appearing a year ago, they also had about 1.2bn shares at the start of the year. Since then the institutions have expanded their holdings considerably, at a guess to about 2bn shares. The LTH's , of which I include myself, like myself, have also added. I would estimate LTH holdings to be 1.5bn shares, so roughly 3.5bn shares are now in strong hands. Free float is about 650mill + warrants.
But mostly the discovery keeps getting bigger
Greatland Gold Fields £5+