breaking out the passion pop, page-39

GPG is sitting on a big pile of cash, but are unlikely to bid it up too high. On past form they will gradually increase their holding, get seats on the board and apply the hard nose to the asset situation. It seems they can see value. One route would be to offer some finance to BBP to assist leverage ratios, convertible to shares at a big discount, but secured in some way, a la Macquarie and Goodman? They may stike swiftly.
Fear not, it could save the bacon of most holders here.
They will concentrate on quality and competence of management. Some heads would doubtless roll, but adding talent would be a focus too.

Just shooting from the hip. Am in GPG long term.