This would be a great oppurtunity for a Merchant Bank or Hedge Fund to take a blocking position in the company and force Wah Nam to pay up a significant premium for control of the company.
We know they really want it. The question is how much we can make them pay.
I am not happy that thay are delaying everything to push the share price down. We would have had a rail dela by now if it wasn't for these tactics.
In the current situation it is down to how well Norgard can negotiate for his and other managements blocking stake.
Think there is significant potential upside from here.
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