Gpt

[Dr_Who]

Anyone looked into this LPT? Any comments?

Capital raising at 35 cents to reduce debt.

Valuation/NTA 80-95 cents
Price 42 cents
Div 4.8 cents

Looks like a good div 11.4%. Debt under control after capital raising. Support from major shareholder. Insto capital raising over subscribed.

A good long term portfolio play.

[shasta]

Anyone looked into this LPT? Any comments?

Capital raising at 35 cents to reduce debt.

Valuation/NTA 80-95 cents
Price 42 cents
Div 4.8 cents

Looks like a good div 11.4%. Debt under control after capital raising. Support from major shareholder. Insto capital raising over subscribed.

A good long term portfolio play.

Property companies NTA - are usually a worthless indication.

Watch for past writedowns or any indication of future ones

What assets are backing this NTA figure, long term blue chip tenants?

[Dr_Who]

Rumor has it that GPT is a potential T/O target.

SGP may swallow up GPT.

[Dr_Who]

GPT sp jumped 25% in two days. :eek: