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8.6¢ gwr group limited

GWR Valuation, page-9

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Davidspades

201 Posts.

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20/02/24

10:06

Post #: 72494755
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Originally posted by vcr999: ↑

In 2007 GWR'S share price was over $3.00. About 3years ago it was over 40 cents per share. It was all a because they owned a huge high grade Iron Ore deposit. They wasted $200 mill drilling the ore over many years. After the Directors were paid over all this time they offload their prize asset for $30 mill. The TGN shares they own could have been sold for 80 cents each back in 2018. I suggested they sell but they basically had the same board on both Companies. The Gold deposit looked promising so they sold it off and who became Directors. ETM were about to go broke until GWR gifted them with some of out good assets at dirt cheap prices. After that I sold out.Look who runs all these Company's at losses year after year yet they are paid Monthly salaries while us shareholders suffer. Good luck I could go on but I have moved on only bad memories for me with GWR even with getting out at over 30 cents per share. DYOR

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@vcr999 It still doesn't change that the fact that it's significantly undervalued when looking at the cash and assets it holds today.

GWR Price at posting: 9.4¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.6¢		Change 0.000(0.00%)		Mkt cap ! $27.62M

Open	High	Low	Value	Volume
8.6¢	8.6¢	8.6¢	$410	4.767K

Buyers (Bids)

No.	Vol.	Price($)
2	208456	8.6¢

Sellers (Offers)

Price($)	Vol.	No.
8.9¢	10002	3

View Market Depth

No.	Vol.	Price($)
2	208456	0.086
1	30000	0.085
1	6098	0.082
1	14285	0.070
1	8080	0.062

Price($)	Vol.	No.
0.089	10002	3
0.094	1250	1
0.095	100000	1
0.096	100000	1
0.097	88588	1

Last trade - 14.17pm 27/06/2024 (20 minute delay)

GWR (ASX) Chart