The company is eating itself alive. (at least unlike others using this lind type facility, GXN and PRW, we are still 0.1 cents bid)
The one thing worth mentioning with GGP is that really we should just look at market capitalisation. At 0.2 cents its mkt cap is $9 million at current share count. This company has regularly been valued at $40m+ ($100m in 2008), so in this regard it is cheapish .
What are its assets worth. surely above $9m It really should be winding itself up and giving us some of our money back.
GL
GGP Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
