Thanks very much Perdy for that post, it's unlikely that there is anyone who is as well researched on BRB.The fact that RMS are only after 50.1% shows the spirit of the offer which can be only be described as low ball/ opportunistic.
I completely agree with your words describing the BRB board, they aren't acting in the best interests of their shareholders. Anyone on this thread who has experience on a board could not possibly think the CEO and BRB Board have got us a good deal.
If RMS so badly want Lake Roe make an acceptable offer just for Lake Roe and return the cash.
BRB Price at posting:
39.0¢ Sentiment: Hold Disclosure: Held