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GNS, GUNNS LIMITED
wren
post Posted: Feb 8 2012, 11:09 AM
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Very interesting morning for GNS from a trading perspective.A rights issue at 12 cents however large numbers of shares changing hands at 20 cents. A major short squeeze is playing out right before our eyes.

 
wren
post Posted: Feb 8 2012, 10:29 AM
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In Reply To: mme's post @ Jan 11 2012, 06:52 AM

Much less risk with GNSPA. 5.0% above the 3 month Bill Rate.That is 15% and potential capital gain.Risk still exists but is lessened for Pref. share holders.
Bought 3000 this morning,so let's hope!

 
mme
post Posted: Feb 8 2012, 08:09 AM
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In Reply To: mjwk's post @ Jan 11 2012, 07:29 AM

Imagine if we had taken the risk!! Still can't see the Pulp Mill viable at this stage but obviously there are people out there who see its' prospects! biggrin.gif

 
mjwk
post Posted: Jan 11 2012, 07:29 AM
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In Reply To: mme's post @ Jan 11 2012, 06:52 AM

Yep, that thought crossed my mind yesterday and many others , to be shawww, to be shawww.Risk is not the right word for this one.
Good luck to those whose dusters are big enough!!! Mine aint.
MJ.



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[font="Arial Black"]Flatout.[/font]

 
mme
post Posted: Jan 11 2012, 06:52 AM
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So is it time to buy GNS for those who have a large risk appetite for the possible huge returns (or continue freefall if finance isn't obtained)? biggrin.gif

 
hungry
post Posted: Mar 14 2011, 10:27 PM
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In Reply To: DJB1974's post @ Mar 14 2011, 06:27 PM

DJB
I sold the first chunk for a small prof, but bought them back today at .495.
Not so sure that was such a smart move seeing the close. I thought our market bounce would push them up a bit, but didn't eventuate.
I'm trading the share price in short term moves, not the fundamentals. Tomorrow could see me dump them.
Cheers

 


wren
post Posted: Mar 14 2011, 08:31 PM
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In Reply To: DJB1974's post @ Mar 14 2011, 06:27 PM

Why today? Japan is the major buyer of GNS woodchips.That's it.


Said 'Thanks' for this post: DJB1974  
 
DJB1974
post Posted: Mar 14 2011, 06:27 PM
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In Reply To: hungry's post @ Mar 10 2011, 02:44 PM

So what caused it to crash today, i had been following this 1, and thought it was going to do good, but its lost a bit in last 2 days and now isnt showing any good signs, do you think it will rebound?

 
hungry
post Posted: Mar 10 2011, 02:44 PM
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Well - finally - they have approval for the new mill.
Market likes it.

 
hungry
post Posted: Mar 1 2011, 01:15 PM
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Took a few at 52.
Let's see if we've seen todays low.

 
 


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