just looking at the debt situation
?Gunns has more than $1 billion invested in forest assets ? land and trees. This value is not recognised in the company?s current capitalisation.?
nta = $1.60
net interest =$9.8m
ebit =$4m
not sure how this going to pan out
earnings are not covering debt
banks may be keen to get hold of their money so they may not give the company leeway to raise capital or find a cornerstone investor
could be a gonna
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just looking at the debt situation?Gunns has more than $1...
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