BRM WNI

Ann: Bidder's Statement despatched to Brockma, page-7

  1. HC44
    955 Posts.
    clock Created with Sketch.
    28/12/11
    19:44
    Post #: 9490503
    re: Ann: Bidder's Statement despatched to... Is this right?

    If I bought all BRM shares at current price it would cost me $317m and I would get 100 % of the iron ore resource.

    If I bought all WNI shares at current price it would cost me $375m and I would get (?) 50-60 % of the iron ore resource.

    So discounting the enormous value in the WNI taxi operation their price really should be about half what it is now, using BRM as the gauge?

    BRM Price at posting: $2.18 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS More Outstanding Gallium Assay Results for Nimy at Block 3
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming
right-arrow Created with Sketch.
NEWS Drilling Commences at Leinster South Project in WA
right-arrow Created with Sketch.
NEWS Austral Resources to Acquire Rocklands to Transform North-West Queensland Copper
right-arrow Created with Sketch.
NEWS Paris Gold Project Drilling Underway Testing High-Grade Zones
right-arrow Created with Sketch.
NEWS R&D Tax Refund of $5.8M Received by Imugene to Support Clinical Development
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.