BRM brockman resources limited

just got a call from wah nam, page-11

  1. 1,104 Posts.
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    I suspect that Wah Nam has figured the BRM board won't accept a scrip offer, so they're trying to get shareholders to accept in large numbers to make the Director's stance appear contrary to the remaining shareholders' view. If WNI are thinking if they can't convince the directors perhaps a large exodus of shareholders will. Too bad for Wah Nam that it's not working out that way. The vast majority of non Asia based shareholders are holding firm, despite the dirty tricks WNI is employing. The lower they push the price the less the number of shares they get. It's going to be a long grind, but how much time does WNI really have? I bet it's not as much as they'd like to make out. Actually phoning shareholders to sell reeks of desperation.
 
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