Search found 2 matches

by HungryBadger
Wed Sep 11, 2024 10:42 am
Forum: GGPChat - The Main Forum
Topic: Can someone explain the significance of the 4.8p offer?
Replies: 7
Views: 1315

Re: Can someone explain the significance of the 4.8p offer?

I'm more than a little phased by all this, mostly because of the mass of red ink I have in my trading account due to the huge drop in price this morning, and also the fact that due to constant rounds of averaging down I'm now b*lls deep into this share that started out as a small trade that went bad...
by HungryBadger
Tue Sep 10, 2024 10:00 pm
Forum: GGPChat - The Main Forum
Topic: Can someone explain the significance of the 4.8p offer?
Replies: 7
Views: 1315

Can someone explain the significance of the 4.8p offer?

Can someone explain this? Is this a massive kick in the pants to existing holders or am I being handed a stunning opportunity? Is my current 8p average going to turn into a massive piece of red ink in my portfolio? Losing 40% of the value of my holding doesn't seem to be cause for a celebration, or ...