The current trading price of BRM is $2.27, implying a market valuation of $0.77c for 18 wah nams, or 4.2c per share.
Hang on a minute, didn't Wah Nam float for 20c not that long ago?
Who the heck would want wah nams when they go from 20c to 4.2c in 12 months? Wah nam have no ability to build shareholder value. They are a laughing stock. Why trust them?
The directors have been severely compromised and it is there for all to see.
