GTP 0.00% 12.0¢ great southern limited

gtp double tops ?, page-3

  1. zwu
    2,452 Posts.
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    re: gtp seriously undervalued! Hi mkhc,

    According to the GTP latest report (http://www.asx.com.au/asxpdf/20030818/pdf/3hqf5x7nk55nf.pdf),

    Its current assets: $77.7M (inc cash $11.1M)
    Its current liabilities: $55.3M
    Net current assets: $22.4M

    which produce ~$0.11 net current assets / share (with ~200M total number of shares).

    I am a GTP share holder and agree it is under-priced. Cheers.

    zwu
 
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