to buy or not to buy

I have incurred a paper loss from brm. My thought is to buy WNI because its price is low at the moment and if WNI is going to own BRM (not 100% sure yet) then surely WNI will get rerated. This is just my opinion to get my money back from the loss on brm. If wni sp goes up then i would offset my loss on brm with gain on wni. Im confused, please if anyone on HC could give their opinion as to whether or not wni will have a chance to get rerated if they are successful with acquiring brm.

All opinions valued, thanks guys.