we got the update, page-18

Welcome to BRT DOB :)

The large bids are interesting.. especially the 2m at 1.3c.

To me that looks like a prop.

If this buyer was keen to pick up 2m worth of stock, they would be better placed whacking a bid at 2c and getting people to sell into it.
I dont see that happening.


BRT seem to be keeping things close to their chests regarding the finance deal, only releasing a very short announcement last week.

Like I said the other day, I expect to hear about a positive resolution sooner than the AGM, given that they will want to give themselves a bit of "fat" in the timelines.

And if so, it may set the scene for a trading update on AGM day?

I get the sense that communication has dried up not because they have nothing to communicate but bc of this uncertainty regarding the MFC loan.

Remove this uncertainty and its a whole other ball game