BRM 0.00% $2.53 brockman resources limited

phillip k said:"WN, I suspect will look at onselling their stake...

  1. 364 Posts.
    phillip k said:

    "WN, I suspect will look at onselling their stake to a Chinese major, as a viable exit strategy for themselves, and unlike what they offered us, they will demand cash and or solidly backed scrip. This is why they wanted to get a full takeover. 53-54% is not as compelling, but someone will probably be interested. And all they did was issue a few billion shares in a shell!"

    They bought there stake on market, after their initial holding at around $6.
 
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