Forum Archive Index - September 2000

["Peter Maiden" <pmaiden@today.com.au>]

Interesting story in AFR (linked on sharechat news page the other day) re 
partnership between GPG and Wayne Bos (ex Sausage).

Renaming Mid-East Minerals Tomorrow Ltd GPG are reducing their shareholding to 
25% and Wayne Bos is taking 47% of the transformed company.

The intent of the company is to invest in private technology comapnies. When 
GPG buy the listed investments off the company they have $25M in the chest.

This puts Tomorrow Ltd in the same league as ITC etc.

Interesting GPG are using this vehicle to seek profits in the tech world. GPG 
appear to be wanting to keep their 'core investing' to themselves but benefit 
in the tech world from the knowledge and success that Wayne Bos will surely 
bring. 

Seems an unbeatable combination to me. With the wins being shared by GPG and 
Bos. Good luck.

Any other thoughts - esp Phil Reid's view - appreciated

Hold GPG

Peter



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