GNS 0.00% 16.0¢ gunns limited

I suspect the spike to 27 cents was largely a short covering...

  1. 377 Posts.
    I suspect the spike to 27 cents was largely a short covering rally. The company is still a going concern (for the moment) and presumably there were plenty of shorters that had taken the bet that it would not survive that had to cover. Not sure of the long term prospects. I am still holding GNSPA so I certainly hope the company survives, though I am glad to see them out of native forestry logging.
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Currently unlisted public company.

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