Image for Gunns: ANZ is nervous ...

The ANZ is probably nervous and may be unaware how much the company owes Forestry Tasmania; 20 million is the suggested figure; perhaps Gunns would like to confirm or deny this possibility also the terms of the debt;  it may be similar to the culvert;  if they cannot pay and go bust, it is the Tasmanian taxpayer who foots the bill. The half yearly report should make the situation clearer if it is bad the shares will drop like the gallows noose. This extract of comment appears on this article HERE. Comment HERE