Out of curiosity, assuming Greg does relist his shareholders...

  1. 109 Posts.
    Out of curiosity, assuming Greg does relist his shareholders company, what exactly do those shareholder own other than their now tarnished brand, a few memories of the bad old days and the remaining 'good old boys' in Launceston?

    No more woodchip exports, no mainland sawmills (that are not for sale), no native forest operations, no hardware stores, no wineries, no head office, no Tasmanian chip mills...and no friends.

    What is left that is generating cash?

    Why would anyone give them money for a pulp mill which they have no knowledge of, when they have made such a hatchet job of the business that they were supposedly leaders in?

    There is probably very little left to recognise of the business most shareholders would have thought they were investing in only a couple of years ago.

    Oh...Le Strange is still there...he got an extension on his multi-million dollar contract. Doing a top job apparently.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.