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1.15% 8.8¢ gwr group limited

a bit long - but worth a read : iron ore wrap

  1. sharedawealth
    1,569 Posts.
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    29/11/09
    21:22
    Post #: 5978675
    Nice post Stickman,

    It makes sense for BHP to buyout smaller iron ore players to maintain its market power. It also makes sense for Chinese steel businesses to buyout smaller iron ore players to lessen BHP's market power.

    I think the end game for GWR is that it will be taken over.
    The question I am trying to answer is by who and when!





    GWR Price at posting: 86.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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