scagster, Looks like they only issue a conversion notice to convert to fully paids once they see the opportunity to pump on news, the game rests on raking in the punters not wanting to miss out on a rise in SP, but that's when their shares are offloaded into the hype.
And then you have blatant ramping by some here who want to see the SP really escalate so they can be out with either less of a loss or a small profit. WE have seen those here who have been saying over 1c.
So yep, that was in the past, heaps more shares now than then, plus SP still quarantined by notes to convert to more shares, plus the Lind monthly increases.
So if commonsense prevailed, even with a good strike and flow rates from 5H, anyone with a bit of nounce can see there are many more hands in this pie now than 18 months ago.
Also any newbies popping in here to see what's happening are never warned by anyone ramping that there are legal ramifications involved also with Paul Page of Petro Raider over the acreage, plus subject to a legal claim by Chalk Sea also.
And doesn't 25% of the income go to Scottish Rite Hospital?
plus where's the cash to drill any new horis? certainly not from the drip monthly feed from LIND, oh and the fees to run the company Another story
GGP Price at posting:
7.5¢ Sentiment: None Disclosure: Held
