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9.38% 2.9¢ forrestania resources limited

wah nam takeover offer for brm and frs??, page-2

  1. phillip_k
    5,132 Posts.
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    11/11/10
    06:55
    Post #: 7458373
    Wah Nam is offering 6 WN shares for each FRS share.

    Wah Nam closed at 1.69 HKD. AUD equiv = 0.216667

    Translates to 1.30 per share...

    I will refrain from comment about the price other than to say it sounds on the south side of insultingly cheap imho...

    FRS Price at posting: 86.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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