tuners and growers, page-8

Tribal_Kiwi,

I'd take it with a grain of salt. Particularly worth doing a reality check on things posted by certain posters, as often those posters have either done no reality check themselves or may be living in a world of lightly founded optimism. And we all should know that it is necessary to do checks on media numbers if one is investing ones own real money.

To present a factual context Turners and Growers are trading on a market cap of about NZD 193 mm on the NZX (easily checked on www.nzx.com) giving GPG's 63% a market value around AUD98 million.

I'd say at a guess that it would be highly (and for some perhaps typically) optimistic to expect that GPG will be able to command a 100% premium for their stake.

AUD200mm is possible, but I am HIGHLY skeptical. I haven't held GPG for quite a few years. You'd need a much better reason than T&G to get interested imho.

EL