Meanwhile in a parallel universe the following has occurred:
BRM, with ASIC behind them (carrying a big stick), has got Wah Nam to agree to divest its illegally transferred shareholding. BRM is given 3 months to find an alternative stakeholder (based on a minimum previous 3 month VWAP). This frees up BRM to continue and finalise its rail agreement with FMG, who sign on the basis of an ironclad agreement that Wah Nam will not try any more silliness. BRM goes into a trading halt two days before signing...and the share price opens up at....
Yes, there is a parallel universe where this is occurring - it's a shame it's not our universe!
Add to My Watchlist
What is My Watchlist?