GGP 0.00% 0.6¢ golden gate petroleum ltd

selling increases at 2.4 c may buy @1.7cents, page-15

  1. 76 Posts.
    Fish if you did some research you would see that SLR has a a CR with over 10 times the amount of shares on issue relative to the amount of GGP. 84 million shares once again is nothing compared to the billions on the market atm, literally nothing. You cannot deny this. This is a tiny CR, and i doubt there will be another due to GGP ability to self fund now (something which almost no speccies have!)

    And yes you are right that most of the time time SP with trade on par or below the CR issue price however thats due to 2 main things, the amount of shares on offer relative to what was previously on offer and the fundamentals of the company.

    GGP as stated before is issues bugger all shares compared to whats out there now. Tiny dilution

    Secondly GPP literally has some of the strongest fundamentals of any spec comapny on the market today.

    Dont agree with me??? Tell me why im interested to hear

    WH
 
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