GWR 5.13% 20.5¢ gwr group limited

still undecided

  1. 4 Posts.
    It seems to me (befuddled as I am at this late time) that a 5 for 1 offer will simply dilute the FAS scrip so that hitting 51 cents a share may be tough.

    I view GWR as a future prospect and they will need capital injections to get the iron ore to market but once the transport is available they may become a BHP/RIO target range... which could offer shareholders a better opportunity.

    Methinks I am therefore not for this current offer.

    But will be hoping for brighter better ones... down the old Wiluna track...

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