Can someone explain to me why the fact the offer has gone...

  1. 9,439 Posts.
    Can someone explain to me why the fact the offer has gone 'unconditional' is now a compelling reason for me to accept?

    How about some compelling reasons to reject:

    1/ The 'independent' valuation takes no account of the outstanding drilling results for Opthalmia - the greatest results in BRM history
    2/ The 'independent valuation' is completely at odds with the valuation conducted only a few months prior - and broker reports pulled from the corporate web site
    3/ The value and liquidity of Wah Nam shares has continued to fall since the launch of the bid
    4/ The Chairman of BRM is apparently still under investigation for corruption by Hong Kong authorities
    5/ The 'valuation' of the bid is well short of the true asset value for BRM

    Need I go on?
 
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