If I have to pay tax on that due to hold outs I think RMS will...

If I have to pay tax on that due to hold outs
I think RMS will reach the 80% threshold...courtesy of the arbitragers..The persistent lockstep movements in the RMS price with the BRB share price suggests to me active arbitragers at work.And the volume of that activity- possibly 25% of the share register since Monday 20 March when the takeover offer was announced- lends added credence to that view. I suspect that the major holders ie the 2 US funds have actively facilitated the arbitrage activity perhaps because like you their BRB exposure became asymmetrical to its prospects. So I see at least 25% of the BRB register- the arb traders- accepting before 8 May. As an RMS shareholder time is on your side. Having won 50% control Ramelius can continue to extend the offer with the consequent effect of grinding down holdout resistance. I repeat earlier my earlier observations that on closing of the BRB offer-.before Christmas 2023- the number of holdouts wont exceed three.