Makes sense why Wah Nam have kept this quiet - they want you to think that they have no money left in the kitty and $1.50 cash is the final offer.
The directors probably believed this and is the only reason why they have recommended it.
Reject the paltry offer.
They can drum up another $500m and pay us what it was worth before they stuck their nose in.
Makes sense why Wah Nam have kept this quiet - they want you to...
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