Smart investors have already taken their profits and could now...

Smart investors have already taken their profits and could now buy back at 50% from the highs. They greedy investors still holding have had plenty of time to exit and the option holders got burnt. People claiming the asset backing per share is looking good, are just regretting not selling from around 30-40 cents they had many chances to do so. GWR having sold all the Great Assets over the last 2 years was a huge mistake for shareholders. If the Iron Ore price drops further it will cost a lot of money to shut the operation down.