We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Gunns Fpo | ASX:GNS | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
From Jul 2019 to Jul 2024
A spokesman for Australia's Gunns Ltd. (GNS.AU) declined to comment Friday about the emergence of Bank of America Corp. (BAC) on the forestry company's share register.
Bank of America filed a substantial shareholder notice late Thursday that showed it holds 40.94 million shares of Gunns. The 5.07% stake was built through a series of on-market transactions mostly in March and April.
Asked whether there has been any contact between the two companies, Gunns' spokesman said, "We don't comment on discussions with shareholders."
Nor did the spokesman shed any light on Bank of America's intentions.
Gunns' share price collapsed in February, tumbling from a peak at A$1.00 to open trading in March at 60 cents. The share price closed Thursday at a 10-year low of 47.5 cents.
On Feb. 22, Gunns posted a A$420,000 net profit in the first half of this fiscal year to June 30, down 98% on year.
-by Ray Brindal, Dow Jones Newswires; 612 62080902; ray.brindal@dowjones.com
1 Year Gunns Ltd Chart |
1 Month Gunns Ltd Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
