This Giralia investor resentation in February 2007 makes good...

This Giralia investor resentation in February 2007 makes good reading. Talks about shareholder value accretion through spinoffs. "Giralia investment (100K GIR shares)
on 30 June 2005 is around 573%. Total investment,
incl. take up of all priority entitlements is $26,113.
Portfolio value at 22 February 2007 is ~$175,900GIRALIA-total value of an investemnt in 2005 now up 585%"

It would be substantially higher now if takeup of the Zinco priority entitlement was included

http://www.giralia.com.au/pdf/research/GiraliaPresentation28Feb07.pdf