What this tells me as a long-term share holder in BRM is that the Executive board at BRM are very keen to keep the business in play! So as a share holder I can hand on heart say that I believe in the board and WR!! They want to make BRM a success. This is business! This is what happens when you have something that someone other than yourself wants! And they want it at a low price. This puts BRM in a very strong future position if they get out alive. So I see the following happening. (1) WN are cleared and slowly the price of BRM will go up to $6.50 over the next few weeks as we get closer to a take over date and WN will win. (2) BRM will come out with rail and a deal with Twiggy that makes it hard for a takeover. (3) WN bid is unsuccessful and BRM get rail and we as share holders see a rerating of the sock and the BRM share price gets to the level it should be around$12.00 Its a win in of sorts for the share holder! $6.50 > $12.00 plus. W1
BRM Price at posting:
$5.15 Sentiment: ST Buy Disclosure: Held