GTP great southern limited
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Roddombo,The article says, "Timber plantation group Great...

  1. zwu
    2,454 Posts.
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    12/05/09
    21:29
    Post #: 5127608
    Roddombo,

    The article says, "Timber plantation group Great Southern is poised to sell 44 tree farms ... in a move that could fetch it $50 million."

    The problem is that all GTP farms are likely mortgaged to banks already and that $50m may not be enough to cover the underlining mortgages.
    GTP Price at posting: 12.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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