BRM WNI

re: Ann: BRM: Wah Nam acquires over 90% relev... Yes, BRM will...

  1. GoNuke
    8,975 Posts.
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    30/05/12
    17:11
    Post #: 10244025
    re: Ann: BRM: Wah Nam acquires over 90% relev... Yes, BRM will get delisted once the take over is complete.

    WNI still have to fund the mine development and get a rail deal but at the rate they keep printing shares, dilution will be a big issue also.

    There was also recent media speculation that suggested BRM could lose its port allocation in future. Even though it looks like I'm soon to be a WNI shareholder (sadly) I'd love nothing more than to see WNI fall flat on its face.

    WNI Price at posting: 5.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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