sure Gary, whatever you reckon mate... I don't know about you, but I was looking at making a nice tidy little profit of around 50% in the short term, with the merger... the $2 unlisted options would have seen me recover half my original investment had a 80% acceptance been reached.
On top of that I would be able to recover the rest of my investment with the sale of less than half of my remaining shares. In fact if FAS was to add a cash component on their offer, I may well have revovered my full investment without selling a single share.
So tell me again how GWR rejecting the offer is going to put money in my pocket? the current value of my GWR shares leave me with a paper profit of a miserly 10%, With the way the SP has been dropping lately, that small increase will soon be withered away to nothing.
GWR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
