GTP great southern limited

More than 75% of MIS cattle holders and ,probably, an average of...

  1. 512 Posts.
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    More than 75% of MIS cattle holders and ,probably, an average of 50% of tree holders agreed to swap into GTP shares.I have yet to see or hear from anyone who can justify this act of lunacy and yet you can't argue with the result.So the disgraceful management continue to plunder the shareholders and now seem to be gloating at there 'success'.They offered MIS schemes that clearly failed and have a cost structure that will clearly never work.And yet the greedy/stupid MIS investors seem to have taken the tax breaks and the advise of there commission driven advisors and given the management the right to continue to mis-manage.It's got me.Maybe they deserve it.
    Even The Land Newspaper seems to be mystified.
    http://theland.farmonline.com.au/news/nationalrural/agribusiness-and-general/General/no-more-cattle-on-great-southern-mis-farms/1412626.aspx?src=email
 
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