uncertainty about gunns

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    article in australian points out that gunns is carrying debt of about $550 million and the market cap is still only $387 million.bit of a worry and also tasmanian broker was saying that most of the assets are long term tied up .i.e. plantations harvestable after 10 to 15 years, a long lead time in any one's language.this rumour of chinese interests sparking takeover talks,i think must make one take a step backwards and breath deeply,i hold gunns shares but am a trifle worried at the moment,the pulp mill is very doubtful.i also held fea and never thought they would go under.
 
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