The following is what has been written in the webpage Coolroom mentioned.
========================================================
Will Gunns remain afloat?
John Hawkins, Chudleigh
05.04.11 6:20 am
How does Gunns manage to pay the bills? With over 1,000 employees to be paid each week, at what point will the Directors throw in the towel or risk being compromised should the company be trading whilst insolvent. The ANZ Bank has kept it afloat but with no evidence of a JVP and no finance for a pulp mill the day of reckoning must be almost nigh. The Gunns MIS tax scam ship, now empty of chips, may well be holed below the waterline, for although the orchestra of sycophants is still playing the usual rousing tunes, the decks are clear and the crew is in the lifeboats as the ship seems about to sink.
*Download Naomi Edwards' update on the viability of Gunns' pulp mill: Apr2011_Edwards_update_on_Pulp_Mill_viability.pdf
*CODE Breach UPDATE: Her commited action is very likely to result in arrest. UPDATE: Today Dr Lisa Searle, who is the spokesperson for the group has been removed by police and charged with trespass.
===========================================================
Or you can read full articles at
http://tasmaniantimes.com/index.php?/weblog/article/will-gunns-remain-afloat/
- Forums
- ASX - By Stock
- GNS
- pulp non fiction
pulp non fiction, page-55
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GNS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online