I have no doubt that the blow torch will be applied to us next week by WNI.
The share price will fall considerably on the open and the maximum pressure to make us panic and sell will occur.
I predict that the share price will fall quickly into the low $3 range, whilst WNI searches for weakness.
I think we quickly we need:
a. an absolute reassurance from all BRM directors that they will not sell us out and will work in our best interests to negotiate the best outcome.
b. to better educate ourselves on how many shares are held external to: 1) the WNI family 2) the existing BRM directors (BRM would know the answer).
In other words are we simply now in the hands of our directors or do we have enough combined strength without them, in case they sell us out.
Q/ Should Australian shareholders (excluding directors) be appointing a major law firm to protect our interests.
If we control in excess of 10% and we have the purported assurances of the current directors as back up then we remain in control on both fronts.
A $100,000 plus fighting fund for example would take us a long way.
Its not a lot of money given the quantum of investment we all have at stake.
Q/ How do we make this happen,
Q/ How do we band together and not pull each other apart
Q/ How do we get the necessary assurance from the existing BRM directors that they will work in our best interests.
The time has come for us to stop prattling on (WNI will be reading this forum) and start to look after ourselves, only strength in numbers will achieve this.
Remember control in excess of 10%, stay united and get the best legal representation money can buy.
We cant achieve this as individuals.
Yarramundi
I think we need
BRM Price at posting:
$4.48 Sentiment: Hold Disclosure: Held
