GNS 0.00% 16.0¢ gunns limited

yes they exchanged their interest for units in a trust that owns...

  1. 2,983 Posts.
    lightbulb Created with Sketch. 53

    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.....

 
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.