BRM brockman resources limited

There is also the possibility that the ChiComs will continue to...

  1. 10,494 Posts.
    There is also the possibility that the ChiComs will continue to mop up beyond 80% for the condition to delist may still not be satisfied.

    The 80% threshold is just a psychological threat to intimidate. So far of all the companies I have held shares in and were taken over, they were all compulsorily acquired after the suitor gained 90% (with NOT one exception).

    NOT one was able to delist at 80% (NOT EVEN Glencore in the case of MRE).

    The longer we hold out, the higher the reward.
 
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