GNS 0.00% 16.0¢ gunns limited

forest agreement, page-12

  1. 7,185 Posts.
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    Selling price of 107M is well below the booking value over 240M, that is, under 50% NTA of this item.
    But considering the Share price is trading at 16% of the NTA and the fact Gunns is able to sell asset to get the cash to repay the debt.
    I see this is a very positive result, but I do not understand the SP merely moved (only 1 cent up).
 
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