cash backing about 14 cents?, page-9

True Dexter and for GBP.ASX to close on parity we would be looking at 13c I believe. Whatever the case the SP is below cash backing and doesn't account for a legal windfall nor the unveiling of Plan B. I think that whilst GBP could have done some things better, they were unlucky here and it could easily have gone to other way.
Bought in at 16c but I am holding until I hear some more news. Pretty safe at these levels from further SP decline. The company hardly sugar coated the last announcement so hopefully they can pull something out of the bag here.