could gunns go bust!?!

30 months ago GNS SP was just under $4.00. It was a ASX50 company. Now the SP is in the news on a weekly basis as day's biggest faller in ASX200. Today alone it dropped an incredible 12%! Appears Greens want this firm to disappear, and with debt higher than mktcap i won't be buying it. Gunns must have substantial NTA... but despite this, is it conceivable GNS could go bust? Imagine the number of job losses!! Crazy times with Greens/labor ruling the country.