BRM brockman resources limited
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2nd takeover failing despite director support, page-2

  1. Matt747
    10,494 Posts.
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    01/03/12
    21:40
    Post #: 9780381
    Maybe these prix are using the arrival of the new CEO as a trigger for revising the offer to save face. I agree with a previous post of the offer being revised to all cash at a bit above $3 to create an impression of a premium over the original bid.

    I have a feeling all the sell order between $2.5 and $3 are WNI and friends.



    BRM Price at posting: $2.50 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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