grd looking very strong and cheap

GRD shareprice has been moving strongly over past 2 weeks. As previously announced should see financial closure for Lancashire sometime late this month with the nice 10 cent capital return to shareholders going ex on 23/10/06. Still hoping we will soon hear something about development decision re the Melbourne Renewables Plant. The Victorian Labor Politician who has bought GRD shares obviously likes the stock. Share price still looking very cheap with a big upside if further good news comes out.