bigger players selling off?, page-2

My central case is GNS will not be able to rollover debt by late Jan. I recall ANZ is part of the banking syndicate - given their exposure to asian (high beta) economies and the malaise in EU - they are likely to pull the pin and send GNS into vol. admin.

End result.. GNSPA may be worth something like 50c in the dollar

GNS scrip could be worthless