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0.00% 12.0¢ great southern limited

GREAT Southern receiver McGrath Nicol has raised $415 million...

  1. wooduk
    3,442 Posts.
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    05/02/11
    07:20
    Post #: 7846117
    GREAT Southern receiver McGrath Nicol has raised $415 million for the failed timber group's banking syndicate by selling 252,000ha of plantations to a syndicate dominated by a Canadian pension fund, Alberta Investment Management Corporation (AIMCo).

    Raised?,more like lost---do the sums 415,000,000/ 252,000 and the local farmers did not get a look in,who were prepared to pay a better price.

    Locals re the price of land in western Victoria via real estate.com for a quick overview of properties
    GTP Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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