GTP 0.00% 12.0¢ great southern limited

failed tree farm under investigation, page-2

  1. zwu
    2,452 Posts.
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    Quote, "... a barren wasteland covered in grass and weeds with cattle roaming through the rows of dead and struggling saplings ... ... as a Managed Investment Scheme (MIS), this plantation appears to be nothing but a bogus tax minimisation scheme that risks ripping off its investors."

    This is a worst kind of nightmare for most of both growers and shareholders.

    But I reckon many people were awear of this kind of fraud a long time ago. This was why JY would "retire" from CEO, GTP would have a "strategic review" and the government would try to shut down the MIS (the "non-forest" part at least).
 
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Currently unlisted public company.

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