"WN, I suspect will look at onselling their stake to a Chinese major, as a viable exit strategy for themselves, and unlike what they offered us, they will demand cash and or solidly backed scrip. This is why they wanted to get a full takeover. 53-54% is not as compelling, but someone will probably be interested. And all they did was issue a few billion shares in a shell!"
They bought there stake on market, after their initial holding at around $6.
BRM Price at posting:
$4.31 Sentiment: Buy Disclosure: Held