BRM 0.00% $2.53 brockman resources limited

DeeTrader said "Does anybody know what percentage of BRM is...

  1. 365 Posts.
    DeeTrader said "Does anybody know what percentage of BRM is owned by the directors and large institutions?

    It worries me that, if the total is close to 30%, they can easily supprt Wah Nam's bid and get this t/o through."

    Directors own 13% of the shares, with option conversions a little more. Say 15%

    With Wah Nam's 23% that makes approx 38%. UBS owns 7%, Institutions 7% and other investors 50%.

    The Directors and Wah Nam cannot get to 50% alone.

    They need to persuade us why we should dilute our shares to a company that only has a similar market cap to Brockman at the closing price.
 
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Currently unlisted public company.

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