Thu 09 Sep 2010 9:29
Stocks in Brief | Update

Great Southern Plantations Limited

7 Mar 03 | Issue 122

This plantation timber marketer and operator recently announced a good set of numbers for the six months ended 31 December 2002. The second half of the financial year is where most of the action happens for Great Southern but it was pleasing to see sales up strongly and the declaration of a two cent fully-franked dividend (ex-date 6 May). With the stock still trading well below its 93-cent net tangible asset backing, it remains an attractive BUY at these prices.

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GREAT SOUTHERN | GTP
UPDATE
Price at review: $0.600
Most recent price: $0.120
Change since review: -80.00%