BRM brockman resources limited

Current bid for wni is 0.059Multiply by 18 is 1.061.50 + 1.06...

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    Current bid for wni is 0.059
    Multiply by 18 is 1.06
    1.50 + 1.06 gives a real offer of 2.56

    Recent indepedant vauation was between 3.50 and 5.00.
    Please explain directors why this offer is recommended?
 
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