GNS 0.00% 16.0¢ gunns limited

bigger players selling off?, page-3

  1. 1,944 Posts.
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    Perhaps, but at this stage of the game, that is the gamble, a good profit compared to losing most of everything less whatever a voluntary admin is worth.

    Given the money spent, the worth of the site and the permissions all in place, I'm surprised none of the overseas big players has taken a swing at a takeover. The mill would definitely be a profitable long term prospect. Perhaps they are waiting for a site fire sale opportunity.

    Oh well, I put in a small GNS buy down the SP scale to augment the small package I have, so we'll see how we go, time will tell (in particular the next 6-14 weeks).
 
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