GTP 0.00% 12.0¢ great southern limited

my trees are 4yrs old how big are they?, page-40

  1. 2,923 Posts.
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    did you see todays news on TIM?

    it seems like the game of the administrator (and the banks) is to declare the schemes non viable so that they can wind them up. In this case investors will only get the current value of their trees in a "fire sale". Given they will be young they can probably only be chipped if that.....maybe throw them on your wood fire if you have one.

    I cant believe this could happen as it was not one of the risks disclosed in the PDS but seems like it can?
 
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