GGP is like watching a rotting corpse slowly decompose:P
Even when GGP announced on the 15 November that the Dugas & Leblanc #2 Well was flowing at 200bopd the share price dropped from 1.5 cents to 1.4 cents. I must admit in 15 years of trading i think that would be the first spec share i owned that actually went down in price on this type of announcement. I hold a relatively large parcel of GGP and i still think it certainly has potential but Im dumbfounded as to why the share price continues to stagnate even on good news.
GGP Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
