GWR 2.35% 8.3¢ gwr group limited

Hi pickamonkey my strategy of averaging down at CNQ now SEI...

  1. 899 Posts.
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    Hi pickamonkey my strategy of averaging down at CNQ now SEI saved me heaps of cash by buying millions of shares at .007 to .008 cents and selling when it hit 4 cents down into the 3 cent range.It taught me to stay well clear of badly managed Company's who never meet any targets. GWR 's management are first class and they all take shares instead of cash never selling any.They have made great decisions over the last 18 months for share holders.All the money I invest in GWR doesn't affect how I live my life and all shares will be held long term.Most people don't even know about GWR with around 85% of shares being held by the top 20 shareholders and only 253,000,000 shares on issue.This is a very low number of shares for a Company that has been around for many years. GWR share price used to be over $2.50 on their Iron Ore deposit alone which they still own, a world class deposit around 62% grade.Transport to port and the lower iron ore price put this on hold.Our fantastic Gold drilling results are on the same held land so this Land is a great asset.With assets and cash worth well more then the market Cap I will continue to keep topping up as I see very little risk with a huge upside.Good luck with your investments. CHEERS
 
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Last
8.3¢
Change
-0.002(2.35%)
Mkt cap ! $26.33M
Open High Low Value Volume
8.5¢ 8.5¢ 8.3¢ $16.21K 191.0K

Buyers (Bids)

No. Vol. Price($)
2 135790 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 17143 1
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Last trade - 15.20pm 22/11/2024 (20 minute delay) ?
GWR (ASX) Chart
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