Looks like one or two getting anxious given the price and depth action today.
This whole thing has the ability to be very good for BRT if they can get the finance.
As I have posted in the past, it would mean a much cleaner gearing structure and also a bit of extra cash for working capital.
This company was so promising 12 months ago when they had Memotoys on the shelves and deals with Hummer and LGB were signed. The bought a few businesses and brought in a few heavy hitters that were probably better suited to more mature toy companies.
But BRT can get there.
Lets just hope that Blackwater see it the same way.
BRT Price at posting:
1.5¢ Sentiment: None Disclosure: Held
