GGP 0.00% 0.6¢ golden gate petroleum ltd

whens the cr offer???, page-19

  1. 188 Posts.
    Had to entertain rellies!
    I'm not saying anything is for certain - however I've had GGP since inception, bought more to ave down and took up offers - again ave down.
    Mentally, & I have a few million, I have written off GGP out of my portfolios. ie. they have no bearing on whether I will be a self funded retiree today or tomorrow. My income is, reasonably, secured in other investments.
    So for me, if we ever did reach a tidy SP of say 25-30c my wife and I, and children and grandkids could have a very half decent something or other.
    The CR will absorb $10k or so - but that ought to be pretty safe. That is the point I'm making, albeit quietly, why dump when, even if the SP made 5c in the next 3-6 months, you might get a return of 150% in such a short time frame!
    AND, make it more difficult for others to get in - because the SP ought to hold or increase rather than fall back.
    Just my feeling - I have no beef with others who have a different view.
 
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