gnspa, page-23

yes they exchanged their interest for units in a trust that owns the entire Auspine plantations including all the land and trees. They are now attempting to sell those units. There are buyers but it is just a question of price. The Auspine estate is a very high quality asset. Suspect it might be around a 20% discount or so to the book value. Question is whether Gunns will end up selling it or whether receiver does so.....