GWR 2.33% 8.8¢ gwr group limited

will cleveland cliffs be coming after us

  1. 3,311 Posts.
    news today Cleveland have reached the 90% level for compulsory acquisition of remaining Portman Limited shares.

    Will they:

    a) purchase shares on market to bring Cleveland to the 19.99% level.

    b) make a takeover offer for GWR

    c) make a partial stake or complete takeover of FAS, which owns 20% of GWR.

    d) sell stake in GWR

    e) just sit on their 18% stake for a while until market direction can be known.



    The Australian reported back in May that Portman/Cl-Cl may be looking to sure up a 30% stake in GWR. This was rejected by both GWR and PMM at the time.
 
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Last
8.8¢
Change
0.002(2.33%)
Mkt cap ! $26.33M
Open High Low Value Volume
8.6¢ 8.8¢ 8.6¢ $1.91K 22.20K

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No. Vol. Price($)
4 30174 8.6¢
 

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Price($) Vol. No.
8.8¢ 9984 1
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Last trade - 11.37am 04/12/2024 (20 minute delay) ?
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