GNS seems to be in wind up mode with ANZ calling the shots.
Debts (600+ million) exceed assets by a pretty wide margin.
Without the pulp mill they are toast. Who is going to put in 2 billion cash injection on a line of business GNS have no track record in (pulp mills) with negative market cap and massive debts?
GNS had bravado - paid way over the odds for various assets. Now they are forced into a fire sale of assets into a demoralised market.
ELD is returning to profit
gnspa conversion, page-3
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Last
$9.17 |
Change
0.020(0.22%) |
Mkt cap ! $1.449B | |||
| Open | High | Low | Value | Volume |
| $9.02 | $9.22 | $9.02 | $2.038M | 222.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1084 | $9.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.21 | 1008 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| ELD (ASX) Chart |