thanks implant- i don't think GPT give one iota to the asset values or the company itself.I just believe they catch the fruit as they fall.The shares fell in their lap for nix basically and the rest is just wait and see.Then another lot fell into their lap at around 8c.Opportunities have arisen which they have taken. At the moment it appears to be secured loans at a discount that would entice a bit of a play. Having said that holding 20% of the company and having better research than you or me,they are probably in a better situation to place a true value on them and any outcome. Who knows what someone values a bit or the whole at until they pop up and say so. Now as a 20% shareholder,they may be privy to conversations with potential bidders that lead them to believe one or more bits is worth more than the rest of us may think.If that's a coupla hundred million,then maybe they have a greater certainty and less specultion when they make decisions.Especially when it comes to debt. Either way speculation as to what's happening is just that - mind you its fun to speculate Last i heard GPT were sitting on a cash pile of around $2 billion which is why the shareholder disquiet.Could be wrong there mind.
AEJ Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
