For a start I think there is hardly the market depth or liquidity in WNI-ASX to make any attribution of value to trades to the share trading. This stands as a warning to any BRM investor considering transferring to WNI stock (as if they needed any! What a way to blow your BRM $$$.) I do note the 23% decline broadly matches the WNI dilution, buy who knows it may go lower, the depth is non-existent.
I also note the stone silence from the Asian investors who transferred their shares. Where are the howls of outrage on forums, the media calls, the threats of legal action? Any "genuine" investor would surely be thinking this. So the venerable RBS Coutts, and the local HK bourse Kingston Securities, and others look like total chumps....unless of course they were not investors at all? Perish the thought!
BRM Price at posting:
$4.25 Sentiment: Hold Disclosure: Not Held
