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this might work well...the pulp mill discusssion are still...

  1. lordolean
    2,918 Posts.
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    16/07/10
    08:41
    Post #: 6909086

    this might work well...the pulp mill discusssion are still ongoing so the auditors may call for a writedown at june 30...given the $120m write up from tax consolidation it will be very easy for them to take a similar sized writedown of say $100m just to clear it from the books.......but only if the auditors insist as I am sure the company will want to fight on.....all good I suspect...works well for GNS
    GNS Price at posting: 64.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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