BRM 0.00% $2.53 brockman resources limited

WNI's mates might be getting a little uptight about the value of...

  1. 1,104 Posts.
    lightbulb Created with Sketch. 11
    WNI's mates might be getting a little uptight about the value of their WNI holding. Regularly dropping on the HK exchange - now down to 55c HK. I can't see their associates being too comfortable paying more than $2.10 for BRM. Like me, they might see WNI shares to 3.5 cents as a low risk, but once it gets above that, then the rewards may not be worth the risk. I expect WNI will drop to about 48cents on HK (6 cents AU) due to the dilution factor. Seems the WNI holders are waking up to the ongoing dilution practices and how they're holding is continually eroded.

    Anyway, I've freed up a few more $s and have a circa 16K buy at 2.00 just to add to the Reject number.

    With WNI value continually falling I expect it's steeling BRM holders to hold out to the last minute.
 
watchlist Created with Sketch. Add BRM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.