The rail comments are as soft as they have ever been. Not sure that the current Board could have done much more as it is unclear just what Wah Nam are planning to do ... if anything.
If there intention was to destroy the value of the company and humiliate their associates who bought in north of $6 then ... "objective achieved".
Falling to nearly half of the stated value of the original bid ... $6.47. I hope they attend the next AGM.... very much looking forward to the tea and biscuits afterwards.
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