It's been some 13 months since gunns last traded above $2...

It's been some 13 months since gunns last traded above $2 p/s.

With the inclusion of new business since then, much of it via rights, i.e. 'cash', thus :
~ increasing the capital worth of the company,
~ increasing the cash-flow as our economy expands again,
~ increasing the expansion opportunities with the aquisition of related and new businesses,
~ potential for return to and greater dividends going forward,
~ healthy reduction in the 'over-head' component of the increased business unit(s) - from what it was at takeover / purchases, equating in potential increase in the EBIT for each zone;
~ and any other adjustment since 13+ months ago.

I'd personally rate the potential for re-rating Gunns as quite high; as for rapid growth timing ~ no crystal ball, however I can't see it taking too long :)

Snap-shot opininon, and worth thinking / researching.

Cheers :)