GNS 0.00% 16.0¢ gunns limited

yes...always a possibility but unlikely in my opinionas based on...

  1. 2,123 Posts.
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    yes...always a possibility but unlikely in my opinion
    as based on 2nd half 2008 results:

    EBIT $140 million
    Debt $400 million
    Gearing 32%
    No senior debt refinancing until 2012

    Pulp Mill if it happens will result in big influx of equity (sell down of stake) and non recourse financing (one would assume);





 
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Currently unlisted public company.

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