GNS 0.00% 16.0¢ gunns limited

the greens, page-2

  1. 2,926 Posts.
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    I suspect that is right Barndogg......the market fears that the Greens will extract a price from Labor.....and they could well be right. However it would reflect pretty badly on Labor if they did an about turn on a project they have already approved....but then this is politics and backflips happen everyday...and at any increasing rate these days!

    It might not be so bad for GNS if this happens. My thinking is that even if the pulp mill and native logging are stopped the company is transforming itself into a plantation company anyway and can claim some moral highground for that. Also if the government does pull the plug I suspect it would be part of a generous package to GNS to compensate for end of native logging and costs of the pulp mill cancellation......it might not work out so bad in the long run.

    Just a thought...
 
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