Yeh, that's the article where Beckwith is assuring all and sundry that Wah Nam really isn't State sponsored. I'll take Beckwith's word as gospel. After all, his assessment is that the current valuation of BRM is fair.
Good to see that Wah Nam's folly has gone down a treat with the HK investors. Down 5 cents to 70 HK cents. Seems the HK investors are starting to come to terms with the concept of dilution. Too bad all those poor sods who bought into WNI locally. So many of them didn't understand that if you want to cut up a pie into more pieces, the pieces will be smaller. Imagine what the dilution will be by the time funding for Marillana is arranged!
BRM Price at posting:
$2.29 Sentiment: None Disclosure: Held
