I hope Wah Nam hasn't done a backdoor deal with the instos still holding as of 17.01.12
The speculative fear in the back of my mind is that they have agreed with WNI to sell on market and WNI's associates will buy up. I can't imagine the instos wanting the WNI script.
I've asked for a new Top 20, looks like I'll be getting it next week now. Assuming there are any staff still employed there.
On the positive, speculative side, I guess it could be an insto or a Gina Reinhart buying up a blocking stake. Would have thought even they can see its an asset going too cheap. Perhaps WNI have too many tentacles over it now.
Guess we'll find out in due course.
BRM Price at posting:
$2.23 Sentiment: Buy Disclosure: Held