Ahhh it is now all DOOM and GLOOM and for the FAs and GWR holders it's all $$$$$$$$$$$$$ - and how smooth the transition now looks.
Now DOOM - please read the supplemenary bidders statement and the clauses relevant to equity accounting - which for the others state (as I pointed out many months ago).
In the event of FAS not achieving 51% of GWR the company will reserve the right to use the equity accounting method:
what that means is that the shares we currently hold (20%) will be represented in FAs balance sheet and will reflect the current invetsment in that company - that will be a debit doom - an asset !!!!.
Now as I pointed out before mathematics then comes into play - especially if FAS achieves greater than 20% - each share move for GWR will be reflected by a corresponding move in FAS according to the equity share - maybe as the GOOSE so rightly points out not quite the same however once over 25% the contingency will come into play - subsequently as GWR makes announcements the 5:1 ratio will improve (by valuation ) all the time.
Now what I suggest you do:
Convert now and increase your gains and join my fellow knights at the round table
And DOOM (guess what - wrong again - champ - I am not Kevin ) but I could be the rudd.....er steering the ship !!!
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- now go away fas
now go away fas, page-20
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Last
8.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.58M |
Open | High | Low | Value | Volume |
8.9¢ | 8.9¢ | 8.9¢ | $490 | 5.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5469 | 8.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.3¢ | 15601 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5469 | 0.089 |
2 | 310000 | 0.087 |
1 | 170000 | 0.086 |
1 | 300000 | 0.085 |
1 | 74590 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.093 | 15601 | 1 |
0.094 | 106382 | 1 |
0.095 | 235175 | 1 |
0.100 | 29000 | 1 |
0.120 | 62375 | 1 |
Last trade - 10.04am 16/10/2024 (20 minute delay) ? |
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