could gunns go bust!?!, page-11

  1. 3,101 Posts.
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    gnspa is at the mercy of the directors...hence why I think you will get a situation similar to PXP and ELD....deferal of coupon is the most likely option I am afraid..the rights are clearly set out in the PDS for the GNSPA...Gunns directors have discretion, it is there in black and white...
 
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