Ahhh it is now all DOOM and GLOOM and for the FAs and GWR holders it's all $$$$$$$$$$$$$ - and how smooth the transition now looks.
Now DOOM - please read the supplemenary bidders statement and the clauses relevant to equity accounting - which for the others state (as I pointed out many months ago).
In the event of FAS not achieving 51% of GWR the company will reserve the right to use the equity accounting method:
what that means is that the shares we currently hold (20%) will be represented in FAs balance sheet and will reflect the current invetsment in that company - that will be a debit doom - an asset !!!!.
Now as I pointed out before mathematics then comes into play - especially if FAS achieves greater than 20% - each share move for GWR will be reflected by a corresponding move in FAS according to the equity share - maybe as the GOOSE so rightly points out not quite the same however once over 25% the contingency will come into play - subsequently as GWR makes announcements the 5:1 ratio will improve (by valuation ) all the time.
Now what I suggest you do:
Convert now and increase your gains and join my fellow knights at the round table
And DOOM (guess what - wrong again - champ - I am not Kevin ) but I could be the rudd.....er steering the ship !!!
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- now go away fas
now go away fas, page-20
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Last
7.5¢ |
Change
-0.004(5.06%) |
Mkt cap ! $24.09M |
Open | High | Low | Value | Volume |
7.5¢ | 7.5¢ | 7.5¢ | $3K | 40K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 410000 | 7.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 13369 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 410000 | 0.075 |
1 | 13888 | 0.072 |
2 | 80000 | 0.071 |
2 | 139285 | 0.070 |
1 | 24414 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 13369 | 1 |
0.085 | 200000 | 1 |
0.090 | 2315 | 1 |
0.095 | 107746 | 1 |
0.100 | 91375 | 2 |
Last trade - 13.11pm 09/08/2024 (20 minute delay) ? |
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GWR (ASX) Chart |