BRM brockman resources limited

Their tactic has always been to shake the tree as hard as...

  1. 10,494 Posts.
    Their tactic has always been to shake the tree as hard as possible and then grab the ladder to pick the last high hanging fruits.

    Without 90% for compulsory takeover, they still can't compulsorily acquire the company. Even if they (and that's a big if) get above 80% and successfully delist (trapping minority shareholders), they still need to get to 90% at some point.

    Perhaps, that's where the real big bucks will be paid out (to those shareholders in the delisted company that they must mop up).
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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