Just the blantant deceit and misinformation should allow ASIC to suspend the share and order a urgent investigation into this serious case of misconduct.
The integrity of Australian financial and investment framework is being undermined.
Just read it....(I mean only 9 out of 2642 accepted).
Wah Nam's Chairman, Mr Peter Luk, said he was pleased with the strong level of acceptances. "I am especially encouraged to see that a broad section of shareholders are responding positively to our offer now that we have gone unconditional. This represents welcome momentum, reflecting strengthening shareholder support for our takeover offer. Clearly, a large proportion of Brockman shareholders believe that the offer is in their interests." "I encourage those shareholders who have not yet accepted, to do so as soon as possible", he said.
BRM Price at posting:
$4.44 Sentiment: ST Buy Disclosure: Held