FWIW it appears that prior to the takeover bid,both BRB and RMS were tracking the gold price with RMS having the higher alpha and BRB a higher beta (volatility) as you would expect from a small cap non producer. However if we look at the "gamma" or BRB vs RMS, BRB is now outperforming -chart below shows the action of the last 5 days. What this is saying to Asculpeous is that the stock is "in play". Todays announcement could be taken that there has been some warehousing of shares for the takeover-perhaps-will never prove-but it could be that someone will come up with a blocking stake forcing RMS tp sweeten the deal, There are no escalator clauses from memory, so whoever signs over their says will not get a better deal if offered. Asculpeous has an aggregate that would put his net interest well in the T20 and will be voting for Tom and definately NOT be signing over on the present deal.
BRB Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
