This latest ASX announcement boasts about issuing 308m new shares ($46.2m at current share price) to deliver the management 'in excess of $125m in net harvest proceeds' for the timber PLUS all the cows and the unencumbered property!!! Well root me with a crane,what a bloody outrage.Shafted BIG TIME.Please, can someone,anyone, who accepted this offer explain the rationale for having 90% of your brain removed.Mr Cole ,the independent chairman, must sleep well.
GTP Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held