GNS gunns limited
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could gunns go bust!?!

  1. DSD
    15,977 Posts.
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    03/08/11
    17:24
    Post #: 8767788
    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.
    GNS Price at posting: 22.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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