Update to the post I just made:
http://www.afr.com/p/opinion/bids_on_gunns_debt_as_low_as_8JO7TpcabYcp1TxYq4POaP
This article says bids on the senior debt of Gunns have been coming in @ between 20c and 30c in the dollar. KordaMentha reckons the debt is worth 50c, but a person says that is rubbish because there is no pulp mill.
cloudstreet, if the GNS situation ever draws to a conclusion, I'd be interested to hear what might be the outcome for the hybrids.
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Update to the post I just...
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