My take on the continual increase in the WNI stake in BRM is that if they had the 90% they just would have put it out there as an announcement and move quickly to compulsory acquisition. The fact that we get this constant dribble of an increase in holdings mean they already know they DON'T have the 90% and just using this to pry the remaining shares from the more vulnerable holders. It doesn't make sense that if people were thinking of selling into the offer it would take them this long to make up their minds. WNI already know they WON'T get the 90%.........................it's a game of wait and see, I continue to hold and will NOT sell in exchange for toilet paper. SCAM!!!!!
BRM Price at posting:
$2.38 Sentiment: Buy Disclosure: Held
