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Gunns

Analysis and Comment (4)

Gunns enjoyed fabulous profits, but the seeds of its collapse were planted from the outset. Gunns enjoyed fabulous profits, but the seeds of its collapse were planted from the outset. AAP

The untold story of the role of government in the rise and fall of Gunns

The spotlight is shining on the collapsed Gunns, its former chairman John Gay, and the Tasmanian Government’s machinations to secure a pulpmill at all costs. But the pivotal role of successive Commonwealth…
The banks have pulled the plug on loss-making company Gunns after it announced a $904 million loss. The banks have pulled the plug on loss-making company Gunns after it announced a $904 million loss. Image from www.shutterstock.com

Timber giant Gunns felled by the ‘perfect storm’

Forestry company Gunns has been entered into voluntary administration after posting a $904 million loss today. Tough economic conditions, including a high Australian dollar and falling woodchip prices…
Australia’s listed companies face tough insider-trading regulation, but aspects of the law are untested. Australia’s listed companies face tough insider-trading regulation, but aspects of the law are untested.

Charges against former Gunns boss John Gay may test insider trading laws

Former Gunns chairman John Gay is facing insider trading charges after he allegedly sold more than $3 million worth of the beleaguered timber company’s shares just months before its share price plunged…
In the game of economic and environmental chess, Gunns’s position is looking precarious. In the game of economic and environmental chess, Gunns’s position is looking precarious. ChessAmmo.com

Gunns heading for its Tasmanian endgame

In chess, the endgame takes place when only a handful of pieces are left on the board. In close games, the players must select the best move available to avoid being checkmated. Gunns – Tasmania’s “forest…