market likes it, taking the view, that Gunns can raise money, atleast the repayments due next week. Quick short covering & the price shoots up to 31 cents. Supply playing catch-up with demand.
I also think that even if they don't have the funds to pay nxt week, the banks can take this collateral as money to come in the future kinda thing... just my opinion I guess
Bought in at 27
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