If the divy is maintained it will be 7% ff at this level.
From the announcement yesterday they say 90% of their business is forest plantations, so the sell down may have been over done. The government announcement would seem to clear up the uncertainty of tax deductibility over forest plantations, which I would think was positive.
I don't really follow this stock, but wouldn't they be looking at a whole new income stream from carbon credits....look at COZ in the last week.
GTP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
