Yesterday's AFR article clearly states that ASICis currently reviewing WNI conduct in the accumulation of it's current BRM holding. Time now is to wait for this outcome. I don't believe that BRM will dilute while this review is still active.
I thought the plan was to raise capital at >$6 before this saga occurred.
Looks like we only have a couple of days left before a decision. WNI already have their >50% ready to announce. Bail out today if you are not comfortable holding
BRM Price at posting:
$4.80 Sentiment: Buy Disclosure: Held