Hartleyvale, I have decoded your comments re The CEO contract....

Hartleyvale, I have decoded your comments re The CEO contract. You did mean to say I am sure that the CEO gets a very generous shareholder funded a Goldern Parachute of almost $1m should Gunns buy in and take over. If this was to happen and given Mr. White's previous association with Gunns (including the shafting of them with Auspine) he would be out the door so quickly he would hardly have to time to say "quick, give me the cheque".
You confidently predict that they will get full market value for the land they have for sale. I hope you are right for their sake. If the do raise say $20m this will keep them out of trouble for a short time only. Then they face the same problem over again but this time with $20m less property on their balance sheet and more leasing costs. What then do you expect the Company response to be then? At then end of the day they have the same loans and the same interest debt owing plus as an added bonus of more bank pressure.