well considering the bid is a script offer the BRB price will increase with the RMS sp which is currently at $1.17 compared to the $1.13 the offer was valued at . But I note that the BRB is still at a discount to the offer . I take this as an indicator that , as I too believe , the market doesn't expect another bid from another company .
Maybe RMS will sweeten the deal but won't be a huge increase . Take it or leave it and the two big shareholders have already taken . Time to be realistic about Lake Roe , hang on for a while by all means in case RMS sweeten but don't have expectations that are never going to be met .
BRB Price at posting:
40.5¢ Sentiment: Hold Disclosure: Held