i bought in at 70c expecting that to be the low point...
however since then there has been substantial selling pressure on the stock.
You would think merging with GWR would be viable, considering they are in close proximity. I also note that they each share a certain boardroom member??
Going on past form, they rejected to the ASX earlier this year that there was no such link between the two companies, yet they have confirmed it in the April 10 article. Maybe they'll hold off the merger for a little while?
FAS Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held