FEA forest enterprises australia limited

all over red rover, page-56

  1. zwu
    2,454 Posts.
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    Lordolean,

    I wouldn't think a merging on the FEA assets with the GNS plantation assets would be a good idea.

    I reckon the first thing banks want to do is transfering the RE title of FEA's MIS schemes (trees) to GNS/others, as GTP did.

    Thus the growers would be forced to accept a bigger loss and FEA would get rid of the MIS management liabilities (including rentals and overheads).

    I don't think shareholders would get any thing at the end of the day.
 
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