GTP great southern limited
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I think the solution for Bendigo / Adelaide is simple.they were...

  1. Punter5
    65 Posts.
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    03/12/09
    10:19
    Post #: 5996801

    I think the solution for Bendigo / Adelaide is simple.

    they were a party to a transaction with a company that is now in liquidation. there are serious questions about the validity of the loans THAT WERE OFFERED BY GREAT SOUTHERN.

    If anything, BABLE (Bendigo and Adelaide Bank) should be an unsecured creditor of GTP or it's subsiduary Great Southern finance for any loss on the loans it acquired.

    GTP Price at posting: 12.0¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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