Environment
Gunns trading halt
ABC Online
The Australian Stock Exchange has announced a halt on the trading of Gunns shares. The halt comes ahead of an announcement by the company. Gunns’ falling share price has re-ignited speculation about the company going into partnership with an overseas pulp and paper company to build its Tamar Valley pulp mill. Shares in the Tasmanian timber company fell four per cent yesterday, resulting in a total fall this week of more than 25 per cent. There is speculation the company may announce a rights issue in coming days to raise capital. Read more here