Razor, well if Hunan take a large chunk at sub 1.5p...they may well see delisting as the answer to gain control.
hahahahaha...no they don't...you are kidding yourself to suit the dire straits you are all in. Razor, your 'research' has been wrong every step of the way!
You mention ZEMA again, so I feel obliged to mention the gigantic hole in the funding required...a hole that you just assume Hunan will throw their money into!!!
The discount IMHO that BMR trades at to NAV is massive
All shareholders are interested in, is what the SP is worth. I think that Masoud has had some fanciful ideas about what assets he actually has in commercially recoverable terms...I get the impression that he has listened to what he has wanted to hear and when people like Ascot and Feilong have tried to educate him, he hasn't liked it...in my opinion of course.
With Zema approval the NAV will be far higher than 20m ...so it's a waiting game that is all
So there's no way you can say bmr is worth this or that then is there ....MC is irelavent
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