auditors headache, page-6

"One can only sit back and shake ones head at why the highly remunerated management team chose to borrow so much at such outrageous interest rates when it had $16m of GWR shares at 30/6/10 which it could have sold down to fund its operations to see them now vapourise and realise nothing for the company."

The management of FAS have for many years attempted to gain control of GWR.

One must ask why?

One must ask why they would agree to paying such outrageous interest rates to keep control of their GWR script?

The next week should be rather interesting for FAS holders IMO.

Kiril.