BRS
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0.00% $1.49 broadspectrum limited

Ann: BRS Directors recommend shareholders reject Ferrovial Offer, page-9

  1. g12m0
    3,968 Posts.
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    21/01/16
    16:59
    Post #: 16843673
    Ferrovial offer is already hostile. Will cost BRS $20m just to defend against hostile takeover offer from Ferrovial. Both Ferrovial and Broadspectrum will lost heaps if offer is unsuccessful. What a terrible waste if that happens. But I think Ferrovial is serious. It is a strategic move by Ferrovial to buy out BRS as part of their grand plan in China and Australia.
    BRS Price at posting: $1.24 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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