GPG guinness peat group plc.

ET, we're in the middle of a crisis in the financial markets...

  1. 2,369 Posts.
    ET, we're in the middle of a crisis in the financial markets which is affecting asset values. The fact that a company like GPG can get reasonable prices for its assets demonstrates the quality of the assets of a company like GPG.

    The stated NAB equates to about 86 Australian cents per share against a market price of about 48 cents per share.

    In the context that GPG is in the process of realising good prices for the sale of its assets, that the company is almost debt free the facts would tend to support the line of thought that patient investors will do rather well out of GPG.
 
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