The board of directors answer to the shareholders and they are there to act in the best interest of shareholders. Why would you recommend acceptance of a T/O given we have been provided no explanation as to why it is a good deal for us and why entertain the condition of providing RMS control with 50.1% as a minmun. if this were to happen I can guarantee, the current board won't be hanging around and BRB shareholders be shafted. RMS will do what's best in the interest of their shareholders in relation to BRB.
Secondly at the very least before I consider my oprions I would expect the board to initiate an in independant report in relation to the T/O as to whether it is fair and reasonable.
This board has been nothing but misleading and a spineless self interested lot.
BRB Price at posting:
37.5¢ Sentiment: Hold Disclosure: Held
