Given the 33% increase in price of GWR today and the commensurate price increase in FAS of a less convincing 20% (closed after 4pm at 10c Thursday and rose again in after 4pm Friday trading to 12c, one sale of 7000 shares) It is clear that the market value of FAS is a function of the GWR share price.
The market not only does not value any other assets that FAS has, but it does not give full value to FAS holding of GWR shares.
Whilst individuals may have an opinion on the size, scale, value of FAS discoveries to date, it is clear the market does not agree
FAS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
