advent ipo

No one has talked about this for a while now, but when Advent does their IPO I think GBA shareholders are going to reap big rewards.

The cap raising for Advent was done at 50c, when they took some $$ off Talbot Group ($7m was it?).

That's the pre IPO level, and I bet the IPO will be more like $1 per share.

Obviously with their 11-13% stake, GBA will benefit directly, but we need to think of owning GBA as owning Advent at pre IPO levels. A real bargain!