News

Uncertain future for Fortress notes

Tuesday 4th of March 2008
For the half-year ending 31 December 2007, the trust posted a loss of $6.8 million, down from a profit of $1.9 million a year earlier.

Directors said they considered the trust a going concern at present, "However, there are material uncertainties that may raise doubt about the trust's ability to continue as a going concern."

Between 800 and 1000 New Zealanders have invested $30 milli...

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