BRM brockman resources limited
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2nd Takeover attempt failing, just like first. Even with...

  1. kungpowbeef
    2,333 Posts.
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    01/03/12
    21:16
    Post #: 9780268
    2nd Takeover attempt failing, just like first. Even with 'independent' directors saying ACCEPT, people are not stupid.

    After 3 months, still only minimal acceptances trickling in from offshore. No major holders or instos accepting the offer far as I can see.

    IMO the directors are fools for accepting $1.50, even with the free options. Wah nam screwed them over good. Looks like everyone else is waiting for fair value.
    BRM Price at posting: $2.50 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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