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.
i agree, dont wast the cash on rail.Keep the asset stranded, for...
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Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.51M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 9.5¢ | 9.1¢ | $7.945K | 86.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17025 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 26315 | 1 |
View Market Depth
| Last trade - 11.13am 24/05/2024 (20 minute delay) ? |
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Last
9.2¢ |
Change
0.000 ( 8.00 %) |
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| Open | High | Low | Volume | ||
| 9.2¢ | 9.2¢ | 9.2¢ | 8893 | ||
| Last updated 10.56am 24/05/2024 ? | |||||
| GWR (ASX) Chart |