I must admit it's nice to see a broker other than Patersons come up with a buy recommendation and an encouraging target price. Maybe others will now start to take notice.
I would have thought BRM as a target for Chinese investment would be well ahead of some of the others already approached by them. Perhaps it's a case of WR and the BRM board simply not being prepared to accept anything offered to date by the Chinese, or others. I hope that's the explanation.
Regards, Bones
BRM Price at posting:
$1.78 Sentiment: Hold Disclosure: Held