Hi, followed GPG for awhile and now the end game is clearly...

Hi, followed GPG for awhile and now the end game is clearly stated with new people being bght in for just one purpose. The real elephant in the room is Coats (a/c's for about 25% of all worlds thread manufacture), so its final value is significant if you accept the "High Return case". The low return case assumes a very low value for Coats. I have done a simple NPV & IRR calc and assumed the final payout or share allocation will be over by late 2013.

Hope this helps and as usual its just one person's assessment of how much they should realise in a non fire sale type operation. Exit Value are nominal dollors and Internal rate of return assumes most cash comes in after mid 2012, so if comes early then a better IRR result.

Entry Price(AUD Exit Value(AUD) IRR Yield Final Exit Date
$0.56 $0.83 24.50% 14/08/2013
$0.56 $1.06 48.00% 14/08/2013
$0.56 $1.51 75.00% 14/08/2013