guiness peat will be stopped in tracks

Hi

I understand that the davis family and its associates control around 15 to 20 percent of the stock and they are unwilling to partipate in the GPG "generosity" of 55 cents per share.

What I see happening is GPG will try and get as many shares as cheaply as possible, sit back and wait for the dust to settle. Then find out what the davis family will be willing to sell for and then make a mop up offer.

The trouble is if GPG dont get 90 percent (and go compulsary aquisition) they can not get the cashflow of the company.

I suggest everybody sit tight and wait for a better offer.

Cheers Hoisty