How much money has Wah Nam borrowed to get 53% of Brockman? I wonder how much interest Wah nam is currently paying and how long it can afford to do so, given it makes no money. The longer this takeover draws out the longer they will keep paying interest and not be able to achieve their goal. Keep in mind China has raised interest rates 4 times since October to curb China's rising inflation. I would expect more rate rises this year too. Better get a move on Wah nam.
BRM Price at posting:
$4.45 Sentiment: Buy Disclosure: Held