BRM 0.00% $2.53 brockman resources limited

I think that this article is an indirect communication from the...

  1. 364 Posts.
    I think that this article is an indirect communication from the board in a time when they are unable to make any official announcements.

    They are possibly in the middle of negotiations with Wah Nam and thus cannot announce.

    They contacted a friendly journalist to get their message out there.

    They are warning people not to accept the bid (listen to the board)

    Something else positive will happen "more twist and turns" left in this saga.

    I take this that the board are doing all they can for shareholders. I think it is a positive communication if you read between the lines.

    I think the two most likely results that the baord could be indication are the following:

    A cash offer from Wah Nam for remaining shares.

    Investigation by ASIC
 
watchlist Created with Sketch. Add BRM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.