Management has really lost the confidence of the mkt.
Unrealised portfolio value 31/12/06 was -$47.5mill then at 31/3/07 it was -$108mill.
They keep telling us that cash reserves are $156mill.
So (156 mill - 108 mill) divided by 127 mill shares gives $0.377 per share.
Careful with this one!
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GLI
goldlink incomeplus limited
Management has really lost the confidence of the mkt.Unrealised...
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