There's enough FAT Cats at BRS that would be keen to stay in...

There's enough FAT Cats at BRS that would be keen to stay in their high paying positions to want to keep this to themselves. Not sell the business off. If a board accepts $1.35 when it could have accepted $2 only 12 months ago with an improving business and the detention centre deal almost done. I would sake the entire board. I think it's a poor recommendation. Short term, sure they might hurt the share price, but I don't see how the true value of the business has dropped so much. I think it's also taken a hit just in the sort of business that they conduct (detention centres and the family name taking back their name to distance themselves from it) insto's have also been lobbied to sell their stakes further diminishing the price of BRS.

I bought in at 94 cents so my strategy and opinion is different to long term holders. I'd be keen to know if long term holders of BRS would be keen to just take this offer and what's left and be done with this company?

Thoughts ?