GWR
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1.15% 8.8¢ gwr group limited

did anyone go the agm?

  1. sharedawealth
    1,569 Posts.
    lightbulb Created with Sketch. 14
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    28/11/13
    07:55
    Post #: 12628735
    The power point slides for the AGM confirmed that GWR is just a waiting game until port access is in place. I also suspect that iron ore prices have to remain moderately high to justify transport costs.

    If anyone went to the AGM can add to this please post.

    GWR have $22 million in cash and a market cap of only $36 million. With at least 130 million tonnes of high grade iron ore GWR represent immense value for longer term investors.

    GWR Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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