BRM brockman resources limited

volumes drying up, page-4

  1. 2,333 Posts.
    Not much volume at all today...

    Expect a little bit of churn as shares are exchanged back and forth amongst associates. Demand is still there. Nothing has changed.

    Last time the excuse for extending was because they got FIRB approval. Now they have no more excuses for extending the offer they'll be trying to get as many as they can before the deadline. If they don't get 80% and try to extend again they will look pretty stupid and I expect the price to go back towards $4.
 
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