Great Southern
Great Southern Limited (GTP) is engaged in developing, marketing, establishing and managing agribusiness-based projects. With primary operations in Australia, the company focuses on investing in plantation forestry. It is also engaged in the packaging, promotion and management of timber plantation investments. GTP was listed on the Australian Stock Exchange on the 5th of July 1999. Its average annual revenue reaches approximately $494 million out of its issued capital of $396 million. Its headquarters is located in Perth, Australia and to date; around 125 people are employed in the company.
Felix Resources was the overall worst performing stock taking in a 20.07 percent decrease in their share price. Among the worst performing stocks for the week 26 of 2008 of the Australian sharemarket were a mixture of property management, agribusiness, mining, utility infrastructure services: Valad Property (VPG), GPT Group (GPT), Futuris Corporation (FCL), Felix Resources (FLX), Spark Infrastructure (SKI), Great Southern (GTP). These worst performing stocks for week 26 of 2008 recorded losses above 14.44 percent by the end of the trading week.
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