Wah Nam contines to fall on the HKG exchange to HK$1.18 its lowest point for a year. Converst to approx A$0.142. Just over 14c.
Values the bid at $4.26
They expect us to accpet their bid!
They have to be joking.
I will never accpet this sham of a bid, whatever they do to push the BRM price down.
How low can Wah Nam go?
I wonder how much pressure Wah Nam are under?
maybe there associates are demanding payment for their business delaings?
Maybe Wah Nam will have to sell their stake in BRM?
Wah Nam need to offer up cash ( a reasoanable offer too) if they want any shares.
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