now go away fas, page-20

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 !!!