Pot gut you are mad. you deserve to lose everything if you are still buying. Let me get this right... GGP was 1 tenth of 1 cent before consol. After consol it should have been 2.5c. but traded no more than 1 cent and now at half a cent. so if consol is taken out of calcs, it is really trading at 2 one-hundredths of a cent. and some people bought in at 2cents... some longer term holder bought in at 4.5cents and above.
ASIC needs to investigate why they let this co continue to trade, why was there no insolvency investigation when it was clear to many holders that this was very very likely to be the case.
How many other stocks do ASIC not investigate? Are they just a name in the cap of big co's... ie with no teeth?
Steve and co should be ashamed of themselves for this outcome. It was very clear this was going down the toilet over 12months ago. ASIC should have asked questions and this co should have wound up LONG AGO.
Its time to exit the ASX completely for me... I do not personally have faith in the regulators.
All imho.... MORE MONEY PRINTING IN THE FORM OF SHARES. maybe some of these people should go out and earn a real living instead of sponging off hard workers who now have worthless investment. ALL IMHO
So why the name change? More dupping of dumb investors who don't do research is it? Nice work all round. LOVE YOUR WORK. So how do I get on the gravy train... why should I work hard if there are people out there like that... I wanna do what they do...hmmm I'd love a free ride at others expense. I can make up plenty of bullshit too you know. ALL ABOVE IMHO... don't bother buying this DOG.
GGP Price at posting:
0.6¢ Sentiment: Sell Disclosure: Not Held