GWR 0.00% 8.2¢ gwr group limited

This is why I was against GWR selling off all its great assets...

  1. 2,256 Posts.
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    This is why I was against GWR selling off all its great assets over the last few years once the Iron Ore price drops it has nothing to spend its money on. GWR can't by another project on ethical grounds after offloading so many great assets at well below market value. If the Iron Ore price drops more and stays low GWR once again will have a stranded asset and cash in the bank. If only they kept the Gold Asset it have worked out well for share holders and held up the share price for the shareholders. While shareholders are hit hard, Management will do well even if the Iron Ore is put on hold for many more years. CHEERS
 
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