Forum Archive Index - March 2000

["G Christie" <bayvu@ihug.co.nz>]

I share your sentiments re Ron B. and GPG but with the market where it is at
the moment, it's  perhaps going to be a while before GPG are back near
$2-00. (Their NTA was quoted at $2-18,I think, some time ago. Wouldn't have
a clue now but I'm interested to read your report of their latest foray)
Thanks
-----Original Message-----
From: hugh webber <hugh.webber@clear.net.nz>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Wednesday, 1 March 2000 20:39
Subject: [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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