Don't know whether the following news caused today's price drop, but I just coppied it here.
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http://law.ato.gov.au/atolaw/view.htm?docid=PRR/PR200763W/
NAT/ATO/00001
Product Ruling
PR 2007/63W - Notice of Withdrawal
Income tax: Great Southern Plantations 2008 Project
FOI status: May be released
Notice of Withdrawal
Product Ruling PR 2007/63 is withdrawn with effect from today.
1. Product Ruling PR 2007/63 sets out the Commissioner's opinion on the tax consequences of Growers accepted into the Great Southern Plantations 2008 Project (the Project) from 1 April 2008 to 30 June 2008 inclusive.
2. No applications were accepted and the Project did not proceed. Therefore, Product Ruing PR 2007/63 has no application as it does not rule on the tax consequences for any entity.
Commissioner of Taxation
6 August 2008
References
ATO references:
NO 2006/20258
ISSN: 1441 - 1172
Related Rulings/Determinations:
PR 2007/63
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