Ahh the war of attrition snares another victim. Having said that...

Ahh the war of attrition snares another victim. Having said that even with a 30% fall off its highs it is still one of my better performing stocks this year... such is the malaise of this current market.

Wah Nam clearly have no intention of striking any kind of "deal" inside their current etension period and as long as people look to get out and shift their capital elsewhere they will be happy with the plan.

Wah Nam HK now fallen nearly 50% from its highs, so the promise of enthusaistic Chinese investors leaping onto a HK based Fe player was clearly a fantasy.