GNS
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0.00% 16.0¢ gunns limited

After reading the detailed announcement my uninformed conclusion...

  1. cloudstreet
    657 Posts.
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    02/09/11
    14:26
    Post #: 8909883
    After reading the detailed announcement my uninformed conclusion is that UBS efectively forclosed these holdings from defaulted margin loans to clients.
    i.e they had no choice but to acquire them.
    Hence the suggestion that they will dump them when the suspension is lifted.
    Position GNSPA only
    GNS Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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