BRB 0.00% 47.5¢ breaker resources nl

Ann: Notice received s203D(2) and s249F of the Corporations Act, page-70

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  1. 41,916 Posts.
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    well considering the bid is a script offer the BRB price will increase with the RMS sp which is currently at $1.17 compared to the $1.13 the offer was valued at .
    But I note that the BRB is still at a discount to the offer .
    I take this as an indicator that , as I too believe , the market doesn't expect another bid from another company .

    Maybe RMS will sweeten the deal but won't be a huge increase .
    Take it or leave it and the two big shareholders have already taken .
    Time to be realistic about Lake Roe , hang on for a while by all means in case RMS sweeten but don't have expectations that are never going to be met .
 
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