Emotions running hot today with BRB and I agree with certain sentiments that have been shared. We do however need to consider what plays out from here... 1. Will there be a counter offer from another company which rises the asking price from RMS? 2. Do we accept the deal and then hope RMS go up another 25- 100% from their current price which makes our deal more attractive? 3. Is it firmly rejected and then we are left to strategically pivot in a different direction?
I am interested to know more about this 90% in order to get the cash? Is this true and could it play a part in the takeover negotiations long term?
Going from the sentiments here today, it appears that 90% will be hard to get but I don't understand the mechanics behind this.
Good luck everyone,
BRB Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
