GWR 1.35% 7.5¢ gwr group limited

fas extention means failed, page-25

  1. 244 Posts.
    $$$$$ the shares might be issued but are they quoted? i think you will find that you need an appendix 3B for that and the shares wont be issued until 30 days after shareholders accept the offer.

    plus i think you will find that pursuant to the COrps Act FAS must advise the ASX/ ASIC of each 1% increase in holdings it gets within 24hrs of acceptance. so either a whole heap of shareholders accepted today at the same or one or two majors did... was it falak? i dont think so

    why would they invest a whole heap of $ only to get script in return? i think it will be quite hard to move 30m FAS shares!!

 
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