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09:56
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Originally posted by Yak52:
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An excellent view point raybot. Lets hope the management team keep it going.I personally would not support any form of a T/O . Period! I want to hold BRN in 10/20 yrs time and pass them on to my grandkids.What I am waiting for is the DIVIDENDS to come one day!
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Originally posted by Yak52:
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FF-When other companies I have held (have been subject of a takeover and I am not totally convinced that that might be the case here) I have felt completely ignored by the companies concerned. I have been invested in BRN for far too long for that to be the case this time around. Given that retail hold 30 to 40% of the company and you only need 25% to block any takeover we should consider how retail ie the plebs might rise up and use their market power to ensure that this is not what happens here. We have a platform to get actual shareholders together and persons like yourself able to provide a proper platform to take polls of what real shareholders views are and to communicate those majority views to the Board and management. - FFThat young bloke doing a poll here the other day was using a Platform that might be suitable. His post should be here somewhere.
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Howdy all. I think we should stop talking takeover generally. I am really hopeful the founders will want to hold on to control and their vision, at least until Akida 3000 is on the way. I'd also like to think we'll end up being a dividend company one day, in which case they surely can't need the cash from selling the business. Also, while I like the idea of banding together I don't agree with doing a poll of prices - that will just establish some parameters for an offerer. Far better to be able to block a bid and discuss if it happened.
(20min delay)