The cold calling is a clearest indication yet that they won't get to 90% based on their own calculations (unless we all get weak kneed and WNI Chinaman threats and extortion wins the day). Disappointed to hear some throw in their towel (as if they didn't know WNI had 80% long before last week). I suspect they probably have 82% or more but just not revealing them yet.
WNI will not delist BRM. It doesn't serve then any purpose (the initimidation is over). After tomorrow, there will be no more threats.
WNI's objective from now on is to mop up as much on market as possible and then ponder what do do next if they still fall short of 90%.
They will increase the market sp gradually over the next couple of months. I reckon they will try to wrap it all up in a couple of months. Our resolve is key.
Initially, they will keep the sp at around the current level for a few days (to shake the tree and then creep up bit by bit and then pull back the sp to scare the likes of some of those who capitulated last week). At some point, they will have no choice but to bump the sp back to where it was sitting at earlier.
THE NEXT MOP UP WILL REQUIRE A HIGHER SP (as the remaining shares are in the hard to get category).
If only a few take the bait at around the previous highs at $2.6, then some serious selling may happen around the $3 mark as more and more would be sellers starts to step up the so of their sell orders (knowing WNI has only one option - buy on market - if the delisting is not carried out).
Pretty sure those chinese dogs are planning their next move in such as way.
BRM Price at posting:
$2.04 Sentiment: Buy Disclosure: Held