If the market rebounds, then I would expect WNI to also up the on-market sp for BRM. An important factor is timing and the whole world is taken hostage by the Greek election which won't happen for another month.
Using AGO just as an example to illustrate a real-life decision. If AGO (a dividend paying stock and a company raking in millions with hundered of millions in the bank) bounces back to $2.5 (still a screaming buy) from $2, that's a 25% bounce.
Even SDL can offer a 46% upside if the Han Long deals goes through soon.
Would it be realistic to expect WNI to up the offer by 25%. $2.5 x 1.25 = $3.125 (assuming they havn't wrapped up by then).
BRM Price at posting:
$2.45 Sentiment: None Disclosure: Held
