GWR 3.41% 8.5¢ gwr group limited

todays west aust paper, page-36

  1. 993 Posts.
    Jigsaw puzzle filled in - maybe not with the right tenement but excellent concept

    Now mums and dads and others - have a think about this

    GWR trading average - let us say 2.00

    along come FAS and they offer 5 FAS shares plus 50 cents cash for every share held. Now that would deliver a 50% premium to all GWR shareholders - potentially avoid any future dilution of share base and potentially bring some nice assets to the table.

    Now say GWR knocks the offer back - FAS and another party team up - they will be cashed up and may hold the tenements critical to GWR and along comes the offer again however this time it will be a lot less - unless you are in the habit of undertaking circular mining GWR may not be feasible in the current tenement form

    My opinion is GWR is boxed in and the deal is good for all - doutch owns tenements in all three - would imagine the plan was formulated a long time ago -

    Now which investor does not want 50% now and then still pick up 80% of any increases!!!!

    I for one will be voting yes !!!

 
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Last
8.5¢
Change
-0.003(3.41%)
Mkt cap ! $27.30M
Open High Low Value Volume
8.7¢ 8.7¢ 8.3¢ $30.26K 351.7K

Buyers (Bids)

No. Vol. Price($)
1 45000 8.4¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 217016 3
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Last trade - 15.24pm 04/11/2024 (20 minute delay) ?
GWR (ASX) Chart
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