GGP 0.00% 0.6¢ golden gate petroleum ltd

acreage - what you and others are doing is admirable....However,...

  1. 1,280 Posts.
    acreage - what you and others are doing is admirable....

    However, I fear it will all be for nothing. I think the "powers that be in GGP" (no rhyme intended) are past the point of caring about retail investors and the small players.

    The number of shares on the register is outrageous. I challenge anybody (and I mean that in a nice way) to point out a company that had sooooo many shares on the register and was able to turn things around in terms of SP and consolidation.

    One of two things will likely happen:

    1. GGP gets bought up by a bigger player (the best future outcome for you folks, IMHO).
    2. GGP continues it's downward spiral in SP and joins the ranks of other losers like GGE, EGO, and GCN.

    I really hope something good comes from all of your efforts. I sold for a 40 percent loss but if I'd continued to hold I'd now be selling for one definitely and maybe two ticks lower than I did several weeks ago - and that to me says it all.

    Very, very disappointed with GGP and those running it (into the ground)....
 
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