Gunns Limited (ASX:GNS) shares have been placed in a trading halt since late yesterday afternoon after falling almost 7 per cent.
The halt is expected to last two days while the Federal and Tasmanian State Governments negotiate the final details outlining the potential restructure of the Tasmanian forest industry.
Local media has reported Gunns is asking for $106 million in compensation for discontinuing the logging of native forests.
In the six months to 31 December 2010 Gunns booked a net loss of $4.7 million.
