PXU paperlinx sps trust

I don't think GNSPA is priced for bankruptcy. They can sell...

  1. 1,190 Posts.
    I don't think GNSPA is priced for bankruptcy.
    They can sell Tasie pulp mill and pay down all debts. Hard to find a buyer.
    Gns picked up today after legal case dismissed.
    If Gunns stop distributions to hybrids then you will see a drop to $20
    Debt rollover is due soon.
    Very high risk.
 
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Currently unlisted public company.

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