I really don't expect a revised offer as there is no reason for RMS to do so. There is nobody else throwing their hat into the ring ... and really why would they? The only company that Lake Roe makes sense to is RMS with their Lake Rebecca project. Tom's action may squeeze a small difference in the ratio of shares of BRB:RMS if it looks like it will be successful (I'll vote my shares to Tom in the action) but, I'm thinking the game is over. Such a disappointment and something for me to revisit my 10 year journey over. Consider this from the site I previously linked to: https://www.ashurst.com/en/news-and-insights/legal-updates/takeovers-in-australia/ I think i'm going to have to suck it up and hope RMS can bring home the bacon ...
BRB Price at posting:
40.5¢ Sentiment: Hold Disclosure: Held