Forum Archive Index - March 2000
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[sharechat] GPG on the move
I note in yesterday's issue of the Australian Financial Review for
all you GPG fans who are getting a bit down hearted that GPG had
moved on Brickworks in Oz buying a heap of shares for over $A13 million
at 40 cents each. Apparently there is a large cross holding in another
company making the shares worth 68 cents if they can unwind it like
Otter Gold v NZOG isn't it.
Amazingly how low GPG has trended in spite of Sir Ron's track record,
I still think the analysts reported as saying that GPG would go nowhere
until all the new investments had been realised at excellent premiums
were wet behind the ears. How many times does Sir Ron have to prove
himself?
cheers,
Hugh
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