It is of
particular interest in cases of failed MIS companies for anyone trying to
assess the effectiveness of the MIS model and the efficacy of Government policy
in the important area of land use.
The
recently fallen Great Southern Limited (GSL) represented 30% to 35% of the MIS
industry in turnover terms. Whilst it has operated since 1987 it didn’t list on
the ASX until 1999. There’s reasonably good data available from 1st July 1998
until 30th September 2008 which may shed some light on how the MIS industry has
operated.