can anyone shed any light on why this stock's sp has fallen so low? I can think of the following positives:
1. record MIS sales for last year;
2. long term NSW timber supply agreement underpins Bombala plant expansion and growth;
3. Visy deal for pulp supply;
4. cellulosic plant should add value in a year or two;
5. dividend of 10c means a 20% yield.
seems like a safe investment. i know other timber companies have been savaged but this one appears strong and well managed.
have i missed something?
dazed and confused.
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