GNS 0.00% 16.0¢ gunns limited

basically it is a fairly complicated deal but on my assessment...

  1. 2,984 Posts.
    lightbulb Created with Sketch. 54

    basically it is a fairly complicated deal but on my assessment the price is not a good one....reflecting both GNS distressed seller and also surplus of forestry assets on the market. I can provide further details at need but suffice to say they are gaining cash but sacrificing book value......having said that it is another step toward GNS remaining solvent......
 
watchlist Created with Sketch. Add GNS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.