But its 100% not worth zero. It is a basically a non contingent right to claim on assets that are leveraged but like centro etc likely to be kept alive indefinitely as living dead.
On the laws of conservative accounting BGP is worth zero.
BUT
With a share market up 30% since March. Probability is the share is worth up to 5c in the next 2 years on an asset revaluation and applying a probability to that. Very high.
The GPT deal announced friday is an absolute zero risk bargain.
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 (20min delay)
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Last
$5.47 |
Change
0.040(0.74%) |
Mkt cap ! $10.47B | |||
| Open | High | Low | Value | Volume |
| $5.41 | $5.50 | $5.39 | $9.930M | 1.815M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32374 | $5.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.48 | 180 | 1 |
View Market Depth
| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| GPT (ASX) Chart |