Hi Kateen The clue was in cons discussion of the takeover in...

Hi Kateen
The clue was in cons discussion of the takeover in that he was not in favour but would be looking at the best options for GWR - obviously that will become FAS.

I think we won't see much action for next two months - definitely minimal movement in GWR side of things as FAS try to increase share price. Keep GWR same price and move FAS by 10 cents and becomes a no brainer. Think you might also see this stalled for CGT reasons - maybe even July. How the board now acts is going to be very interesting - what will be the course of action - interesting that FAS are now drilling so any announcements will come from FAS first. I see this getting to 51% then announcement after announcement.

Can now only go up - GWR holders should hope for FAS to strike oil !!!

those hypesters who think GWR should be negotiating with a third party are not thinking long term - 32 million in the bank - increase the JORC - get all, the takeover out of the way then negotiate. Remember the football fields are aligned !!!