me thinks this is how it goes, land up for sale,trees R yours.
unless
what the ANZ visivee Mcrat and nicols suck you tree ownners to vote by so called concensus like with the rip off in gump,and YOU vote to sell the land and trees as a package.
Oh goody!,I get money.STOP-think,you have broken the re deal with gunns,and as Dr Ajani has stated at the senate inquiry,the best you get is if lucky 10% of YOUR own money back.
But there is more---Gunns gets its %,because you the tree owner decide to sell the trees you own,therefore you have broken the contract with Gunns and now you have to compensate Gunns for voting to sell the trees with the land
Still with me,then the value of the land and trees?
The best land within 100K of portland at a guess $4000 hectare,your trees are worthless at best return 150 GMT and that is at the end of the contract time for harvesting.
current price with all the crap in Gunns and fea and timbercorp and several others $39 GMT,so a hectare of trees at harvest end is worth?Hmmm,$5850 P/Hectre
Divide by 3 that is the BEST gross figure per woodlot
That is why an investor group has to stop this ripoff.
GTP Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held
