will gry and pir eventually merge?, page-3

Interesting thought Wang, however I assume they would have needed to get a bigger stake to get something like that to eventuate.

Without being able to read GRY managements minds, I think they saw an excellent company, with an SP that was at stupid prices, bought up a decent sized holding and now are going to sell part, all of the holding to restore their cash position.

I find it interesting that PIR MC is higher than GRY. IMO just another reason why GRY is such good value.