Given that GPG first joined the register in June last year, and have added to their position since, where they now have an average holding owing them just under 8 cents, it should be recognised they have a nominal profit of 25%.
Not what they wanted to happen, nonetheless GPG have kept management honest and the American consortium at bay. Thus have preserved their capital.
All along I though GPG would be key to the outcome of these deliberations, and it seems the news releases support the view.
AEJ Price at posting:
9.1¢ Sentiment: None Disclosure: Held
