GNS ordinary sh were lucky they converted at 0.16 and not below...

GNS ordinary sh were lucky they converted at 0.16 and not below 0.1 a month before.

GNS also get to share any spoils after all assets are sold and all expenses and debtors are paid off etc

If Gunns does find new equity partners and Tamara pulp mill is given the all clear, and if GUnns resumes trading, then the max price GNSPA would realistically had got to would have been from $45 (closing price when liquidator called in) to $85

Its had to known what GNS would trade at. Too more factors involved.