$3.15 revised all cash bid..thoughts ?

Based on the following bull sheet in the bidder statement (after these prix pummelled the stock price to pulp), at $3.15, they can now say they are paying us at the higher end of the valuation.

~A$3.15, based on the 90 calendar day VWAP 1 of Wah Nam International Shares to 9 December 2011,
representing a premium of ~A$1.17 per Brockman Share or ~59% when compared to the 90 calendar day
VWAP of Brockman’s Shares to 9 December 2011.

~A$2.92, based on the 30 calendar day VWAP 2 of Wah Nam International Shares to 9 December 2011,
representing a premium of ~A$0.80 per Brockman Share or ~38% when compared to the 30 calendar day
VWAP of Brockman’s Shares to 9 December 2011.

~A$3.033, based on the last closing price of Wah Nam International Shares on 9 December 2011, representing a
premium of ~A$0.77 per Brockman Share or ~34% when compared to the last closing price of Brockman’s Shares
on 9 December 2011.