re: Ann: WNI: Circular in relation to Takeove...
Interesting - perhaps they didn't reward the "independent expert" with enough WNI shares
"The Competent Evaluator has also stated to the Company that it has considered the relevant bases and assumptions set out in the Valuation Report since publication of the report and considers that there is no overall impact causing material change to the valuation amount as of 16 June 2011."
So they must be saying that BRM is worth $4.47 - $6.78 as previously discussed.
Where to from here? As clearly that indicates that the "independent directors" have shafted us from what I can see.
Still readining through it though.
BRM Price at posting:
$2.29 Sentiment: Hold Disclosure: Held
