re: Ann: WNI: Fulfilment of Foreign investmen...
Have to say kinda expected this. Patterson still dribbling on about what a great deal it is. I'm sure is for him and the other directors. How did Wayne Swan approve this? What a complete retard!
Still, they have a long way to go. 8-9% is a lot of shares. Those shares should be harder and harder to get, since those left holding have been stubborn enough to hold until now. I am resolved to continue to hold till I get a suitable offer.
I believe once the directors transfer their shares it will pave the way for Wah Nam to increase to a higher all cash offer. I think they'll need to do this if they want to get the rest in any reasonable time frame.
BRM Price at posting:
$2.14 Sentiment: LT Buy Disclosure: Held