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.....
- Forums
- ASX - By Stock
- gnspa
yes they exchanged their interest for units in a trust that owns...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)