Why Investors Need Not Worry About Falling GGP Share Price?

    Institutions that hold the majority stakes of Greatland Gold PLC not only enjoy the company’s ownership but their trading decisions can render the stocks vulnerable and impact the GGP share price. Institutional investors hold 48% of shares. The retail and individual investors take cues from the decisions taken by the controlling institutions. Greatland Gold PLC explores precious and base metals and their development in the UK and Australia. With the company posting a loss of 11 million GBX on June 30, 2022, investors wonder how long the company will take to post a profit. Perhaps, a bigger question investors seek to answer is when the company will break even.

    Investors’ Concern – The Slide in GGP Share Price

    From a high of £12.2 on June 06, 2022, the current share price GGP is now hovering between £7 and £8 and closed at £7.78 on June 02, 2023. A drastic decline of 36.22% has left individual and retail investors worried as they are keen to see better company performance at the bourses. It is important to understand how much the company’s performance is responsible for the slide and whether there are other reasons for it.

    It happened once in 2022 when Greatland Gold’s share prices came to a standstill when the company announced the results of its drilling campaign at the Scallywag project in Western Australia. During that time GGP shares fell into the negative territory after a brief spike of 2.1%. Another cause of worry for investors at that time was the announcement of the half-yearly results that did not show revenue generation, as all of the company’s projects were work-in-progress.

    More Reasons to Worry

    Besides the company’s activities that impact GGP share price LSE, another factor can be a red flag for investors.  The trading activities of insiders who hold significant company shares are always on the watch list of retail investors. Insider transactions reflect their sentiments about the company, both good and bad. When most insiders are on a buying spree, it sends positive signals about the company’s growing strength that generate investor confidence. On the other hand, when the majority of insiders start selling the company’s stock it can be a red flag for other investors.

    The worrisome news is that several insiders have been steadily selling their stocks over the past year, amounting to a significant stake that dented investor interests. In Greatland Gold’s case, multiple insiders have been selling stock yearly at regular intervals. The biggest insider sale in the last 12 months was that undertaken by Michael Borrelli, Senior Non-Executive Director when he sold stocks worth £ 1.6 million priced at £0.083 each.

    Although insider selling usually frightens investors especially if the selling price is lower than the current market price of shares, the instance cited above might be fine. The reason is that the shares went for a price slightly higher than the current GGP share price of £0.078.

    RELATED ARTICLES

    How To Find the Best FD Interest Rate for Senior Citizens Using an FD Interest Calculator

    How To Find the Best FD Interest Rate for Senior Citizens Using an FD Interest Calculator

    FDs are one of the most preferred investment products for senior citizens as they offer...
    online jobs for students

    Online Jobs for Students: Best ways to Earn Money & Build Skills 

    Balancing academics and price range can be challenging for college students, but online jobs offer...
    Best Trading Apps to Open a Demat Account

    Best Trading Apps to Open a Demat Account: Features & Fees

    Investing in the stock market has become more accessible than ever with trading apps that...
    5 Mistakes to Avoid for Choosing the Best Share Market App

    5 Mistakes to Avoid for Choosing the Best Share Market App

    Investing in the Indian share market is now easier than ever in the current digital...
    Wheon.com finance tips

    Wheon.com finance tips of 2025: What’s Changing and Why It Matters

    The financial world never stands still, and 2025 is no exception. This year, we’ve witnessed...
    wheon.com finance tips

    Wheon.com Finance Tips: Top Financial Services Trends of 2025

    Wheon.com finance tips are more important than ever, given how fast money matters are changing....
    How To Find the Best FD Interest Rate for Senior Citizens Using an FD Interest Calculator

    How To Find the Best FD Interest Rate for Senior Citizens Using an FD Interest Calculator

    FDs are one of the most preferred investment products for senior citizens as they offer...
    What is a Yoga Swing

    What is a Yoga Swing?

    A yoga swing is a fabric hammock or collection of straps that hold your body...
    healthy habits

    Healthy Habits For Your 20s: A Handbook for Long-Term Health

    Your 20s are a transformative decade, shaping your destiny, health, career, relationships, and overall well-being...
    how to make Studio Ghibli-style images

    How to Make Studio Ghibli-Style Images for Free: Learn Here 

    Studio Ghibli’s signature artwork fashion—lush backgrounds, whimsical characters, and problematic information—has captivated audiences for many...
    well health organic best ways to remove dark spots on face

    Well Health Organic Best Ways to Remove Dark Spots on Face: Natural Ways to Banish Dark Spots

    Well health organic best ways to remove dark spots on face"—that's what when you typed...