The Cross Trade of GRYs entire holding in PIR is showing in PIRs pre-open course of sales. The divestment nets GRY approx $19.9m. The shareholding was worth about $32m at the peak but what is done is done.
GRYs cash balance prior to divestment would be about $45m this far into the QTR so now should stand at $65m. It will be interesting to see how the market reacts and what GRY does with TAW and RNS. The other investments are only worth about $5.5m combined.
GRY Price at posting:
34.5¢ Sentiment: Hold Disclosure: Not Held
