"...If as stated on GWR thread that the current price of GWR is...

"...If as stated on GWR thread that the current price of GWR is ridiculous given cash of 33c per share then the FAS share price must be even more ridiculous given the percentage holding FAS has in GWR. Currently trading at 7-8% of GWR..."


FAS' share of GWR's cash on hand is approximately $0.02 per FAS share....so when you consider that there is a plethora of companies at the moment trading at or below their cash backing, then the current FAS shareprice is not ridiculous at all.

Then when you consider that FAS has nothing worthwhile across any of their tenements, and the only thing of worth is the shareholding of GWR, then I would suggest that it's overpriced.

Woof woof...