AFR reported this morning that the trade yesterday of 30million shares was a purchase by Trojan Equity [which specialises in taking a stake in undervalued companies]
Trojan believes that GPM is a possible takeover target and welcomes any corporate activity but only at prices above 60cents
By the way they now have 40m shares which they paid 25.5cents a share. Not a bad deal!!!
worth a look, page-2
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