BRB 0.00% 47.5¢ breaker resources nl

A few further thoughts tonight:1. Who is Goldman Sachs actually...

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    A few further thoughts tonight:
    1. Who is Goldman Sachs actually buying for? I ask this because RMS can't buy on market themselves. Are GS buying to deliver their shares to RMS by participating in the offer?
    2. I agree that once the board of BRB is replaced (@50.1%) RMS could dilute BRB shareholders by underwriting CR's and therefore increasing their stake by default ... slowly inching their way to 90%. Lets face it, i doubt Tom et al will participate.
    3. What the heck is happening re the requistioners and the section 249 meeting?
    4. I don't feel compelled to accept the offer but think i am being forced into a corner where i have been given no option. Accept the offer and maintain an interest in Lake Roe or risk a BRB price drop and being diluted right out ... a rock and a hard place.
    Perdy
    Last edited by perdant: 24/04/23
 
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