Yeah well I reckon if they revised their offer to $6.50 cash now that they have demoralized everyone, most would probably jump at the cash off just to clear out.
WNI would be pleased with that as its still very cheap.
But where would they get the cash from?
From a technical perspective the RSI has only been this low once in about 10 years! About 6.5 on my chart.
$4 is also support for the weekly so I wouldn't be suprised to see buyers come in at these low prices.
BRM Price at posting:
$4.00 Sentiment: Buy Disclosure: Held
