GPT 0.20% $5.00 gpt group

huntley lastest valuation, page-11

  1. Jim
    953 Posts.
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    Not expecting profit taking. Am expecting corporate activity. The pricing differential suggests a change of management is due. As soon as the credit shortage eases, or maybe before that, someone will swoop.

    After all, why pay at or near individual book value for distressed assets when you can buy a whole portfolio of them for 50% of book value due to management ineptitude!

    +$2.00 tomorrow is my hope. Am at a conference all day so you guys will have to hold her up for me!

    G'Luck all
 
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