Forestry schemes were all the rage in the early 90s(?).
Big tax deduction (highly leverged, so interest and management fees) up front appealling to the greed of high marginal tax investors.
Many work mates jumped in.
Tried to warn them that it was not a good investment.
Ann: Quarterly Activities Report, page-35
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21.5¢ |
Change
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Mkt cap ! $349.4M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.5¢ | $852.7K | 4.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 273414 | 21.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 1407682 | 11 |
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