We all, me included, think WN mates are pushing share price up. That half answers my Question "Takeover will not proceed under 80% acceptance? therefore the 18% acceptance (mainly directors) will slip out off their hands?" Also this time there will be no directors to check their activities. We should find some method of finding out if purchasers are Asians, and if they accept the offer? It will be something to direct ASIC too.
Or could Gonuke's find, http://barchart.com/opinions/stocks/BRM.AX 1/ got buyers to push price up? 2/ Or the fact that Hancock's rails got the OK? 2/ Top 20 cart shows "nominee" company increasing holdings. Who realy is buying?
BRM Price at posting:
$2.56 Sentiment: Hold Disclosure: Held
