So to think along the same low, dirty, scumbag lines of WNI, what is their intention?
Are they hoping to get 75%+ through the gaping hole that ASIC has allowed to happen through associates holding onto shares...then take a leaf out of their handbooks, either "Wah Nam's guide to mass dilution through toilet paper" or "Takover's for Dummy's" and do a C/R thereby diluting us and starting the accumulation process all over again?
Because let's face it, if they don't announce a J/V or something of the kind then I assume at the current cash burn ( haha how fitting for WNI/BRM that is..."cash burn" ) rate, a C/R will be on the cards?
On another note...isn't it just amazing that for months now there was practically nothing on the buy/sell side now since the revised T/O over there are ,000's of shares on the sell side! I just cant decide if its a) WNI & Co lining up to scare us into selling and warehousing the shares bought OR b) some shareholders looking at the offer on hand and choosing to take $2.00+ rather than $1.50 ( because as Mozart said, lets not even bother discussing the worthless WNI script part )
BRM Price at posting:
$2.20 Sentiment: Buy Disclosure: Held