aubug.
I know how you feel.
I'm also a holder of a lot of GNSPA. Here is what I know which is not much.
FIGG is a fixed income specialist they produce just about the only report on Hybrids and Convertible notes etc. I am a subscriber. They report frequently and were providing analysis but they recently announced that they would maintain the reports but no analysis. Brad Newcombe was their analyst. Figg's latest report does say GNSPA Distributions are Suspended. I'm not sure that means anything. I sent a email to Gunns on friday PM asking the question. If I get a answer I will pass it on. I have to say I have not in recent times found Gunns response to shareholder enquiries very productive.
For obvious reasons I don't entirely blame them. Greens pretending to be shareholders is one.
Regarding the friday experience which was a shocker for most securities. Yes GNSPA went down to $36.50. There were 15 trades which is a bit higher than usual but look at the day volume only 2172 from 1.2M units.
I'm certainly not selling mine. On any good news I would probably buy more at these prices. Like I have said previously. Don't follow me I'm pleading insanity.
Good luck.
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