GNS
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0.00% 16.0¢ gunns limited

Share consolidation usually spells bad news. It is not...

  1. jamesc666
    804 Posts.
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    08/02/12
    17:34
    Post #: 9664571
    Share consolidation usually spells bad news. It is not necessary.

    GNS has been sold down to 10c on solvency concern. With this placement and rights issue, solvency issue is no longer in the picture and SP should settle at this level or higher. A higher price will depend on the success in execution of their future plans.
    GNS Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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