I think everyone should do what is their best interest and what they can tolerate financially without becoming a martyr.
Personally I have been buying because if push comes to shove, I am prepared to risk taking the WNI shares (for trading in HK). The current buying means the WNI shares are worth 3.5cents, which can be sold in HK for 7.5cents. I will reject the WNI bid until they get the 80%, after that I fold and take their offer. I'm not prepared to risk holding BRM if it gets delisted. Mozart quite rightly points out that WNI have sourced suitably skilled people to carry out their threats of delisting. I've watched the SP get pummelled from $6 and waited in vain for a better offer. Instead, we've been given a lesser offer and I have no reason to doubt that delisting will almost make BRM worthless. I rather get something than nothing. Each to their own, but I can't see the minority shareholders winning.
BRM Price at posting:
$2.15 Sentiment: None Disclosure: Held
