GTP 0.00% 12.0¢ great southern limited

outlook for 2009, page-9

  1. 19 Posts.
    Hi stitches,

    I will attempt to answer a couple of your questions.

    Lets start debating GTP going forward, is there any chance we can recoup some of our monies.? No, it will turn over another loss next year, will not pay a dividend and the share price will remain relatvely flat.

    In the long term can we get it all back + some.? No, once you sell your shares to pay your impending tax liability you will hold 10% of what you currently have with the share price relatively flat and no dividend.

    What you need to realise is the cattle project is not going to add enough to the bottom line to bring the company into surplus. Another loss with high debt levels is only going to drive the SP lower.

    I can not see anything positive for investors in this company.

 
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Currently unlisted public company.

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