GWR 0.00% 7.7¢ gwr group limited

Ann: Trading Halt, page-25

  1. 27,344 Posts.
    lightbulb Created with Sketch. 3213
    i agree, dont wast the cash on rail.

    Keep the asset stranded, for whenever a recovery occurs, may take months, or years.
    https://www.abc.net.au/news/2021-09-21/china-property-bust-evergrande/100472190

    one of chinas largest housing developers in serious trouble.

    What does that do ? to overall infrastructure spending ? I dont know.

    Best to keep GWRs cash for an acquisition. Get back into gold or lithium.
    At least GWR made some cash, unlike many others who were just still pushing their desk paper around.

 
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