I think the best value for shareholders is to hold and also to buy. WNI have only got to the 52% odd by blatantly illegal means. There is a real chance that they could be penalised by ASIC/Takeover Panel We all know that the BRM share price will be worth an easy $10 to 15 with a rail deal and mine being built. Rail deal is within reach with FMG from what we know via announcements. From here if share holders and management hold firm WNI will be stuck at 52% range. What then stops BRM from progressing with plan to mine? Why sell sub $10????????
BRM Price at posting:
$4.48 Sentiment: Buy Disclosure: Held
