This is an absolute joke and makes a mockery of the ASX.
These shares have been suspended whilst a $23 million negotiation is played out. This is small fry for a company this size. Unless their rumoured liquidity problems are true.
In addiiton the deal has been all over the media now for days and still the shares are suspended.
Gunns are just afraid of the shares dropping to a point where they will not be able to utilise their value to source borrowings.
A major part of the sharemarket is liquidity but you haven't been able to trade these share for a motnh now.
The ASX needs to wake and grow a pair.
GNS Price at posting:
20.5¢ Sentiment: Sell Disclosure: Held
