reject wah nam

Here's a chart of Wah Nam since their 20c IPO this year. Ask yourself, do you really want to be a Wah Nam shareholder?

If not, I suggest you stick to your guns and get a fair price, not the rubbish they are calling fair and reasonable.

If another Australian company such as AGO or FMG made a counter bid (and I'm not saying they will), Wah Nam would surely be jumping up and down saying it is not fair value, just like when AGO blindsided them with the FRS bid.

We all know $1.50 is crap.

Have the directors been smoking the green tea leaves instead of making tea? Sure looks like it.