oh yeah, in hard times, domestic sewing may make a big comeback.
Capral rights issue was probably a disaster, traded well under the issue price, wont be too many takers, so the underwriter will have to be buying a lot of them. I hope GPG can afford them.
On the other hand, if CAA ever get their act together ( history would suggest against it ), GPG now have complete control at a very cheap price.
I have about a 90% loss on the few CAA I bought a few years ago. I didnt take up the rights entitlement. But I did buy some on market at 12c instead.
GPG Price at posting:
75.5¢ Sentiment: None Disclosure: Held
