GPG's market cap at 67c = 1.42b x .67 = 951m
They had cash of around 680m at December '08.
Should have received another 70m cash from the takeover of MYOB which closed in January.
So market cap is 950m wish cash in bank of around 750m, and low debt.
Has got to start looking interesting at this point??
What I'd really like to see is a 750m share buy back. If they could get 750m worth of shares at current levels it would raise their conservatively stated NTA as per the Jan update to over $3 per share. LOL
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