more shares gone, page-19

Having said that I don't believe it is all over yet.

1. BRM can still do a capital raising. This was foreshadowed yesterday

2. BRM can still do this rail deal with FMG, although the WN issue makes it more complicated. (Yes I know we have been waiting, waiting). Patto's did say yesterday a deal was still "highly likely", and as you all know I am a big fan of Patto's research ;)

3. The regulators can still redeem themselves and do the right thing.

4. WNI got their Associates to transfer their 20% in reasonably quick succession. (one can see it as aking to shock & awe). The remaining 8% they need will be far more tricky and drawn out I suspect.