a year in gpt

/begin GPT sjourn

My personal GPT ride, for those who have just got on...

I bought my first share at $1.40 back in July-08 (Bargain, thinks I)
I then bought my next share at 0.60c, leaving me at $1. (uh oh thinks me)
I then bought my next shares at 0.35c , leaving me at about 0.62c per share. (woe is me, thinks he)

Then, along the way I received the following distributions:
30 June 08 - 4.2c or 1.05c diluted
30 Sep 08 - 4.2c or 1.05c diluted
31 Dec 08 - 2.1c or 1.05c diluted
31 Mar 08 - 1.6c or 0.8c diluted

...and I believe I am owed something for the present quarter just ended at 30 Jun 09, say 1c as well.

So my earnings are (adds) about 5.3c per share.... taking my current position to 0.53c + 0.053c = 58.5c.

Nearly at parity... with a much better company for the ride, which as I have iterated time and time again, HAS NOT BEEN FUN!

I might add that I believe that this is now a MUCH better company than when I first bought it, having found a cheap source of 3.2b in funds (yours truly and the rest of us) ... so I believe that it will make me solid money.

My original horizon was for a 25% return over 12 months - To get this I will need to see about 0.78c [less my earnings mays it about 72c]. I dont expect it will do this in the next week, but I do expect it by years end.

/end sad tale of GPT sojourn with happy ending to come