GGP 0.00% 0.6¢ golden gate petroleum ltd

now what?, page-11

  1. 7,746 Posts.
    With no real news due, it seems bizzare. Will be interesting to see if Lind are selling. They only have a few days to announe the change in substantial holding (if it is them).

    I just cant justify 0.2c at the moment. Not for the current level of production, and the heavy restrictions that funding is puting on progress which has stalled.

    We haven't seen 0.3c for awhile, so what is the exit stratergy if buying at 0.2c? If it is an artificial market then you probably cant even sell at break even and will cop a 50% loss. Doesn't make sense imo.
 
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