I don't know if other people notice this, but when Wah nam extend their offer, they give the SP a little pump to make people think there is support for the takeover. Then whenever BRM announce a response they sell it down to make people get scared.
With all the heavy volume last week I still haven't seen a change of substantial holder notice. I therefore conclude a strong possibility that WN is churning the stock, making sure to keep their balance the same and thereby avoid issuing a change notice.
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