BRM 0.00% $2.53 brockman resources limited

Are the board prohibited from soliciting a higher or superior...

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    Are the board prohibited from soliciting a higher or superior offer? That usually only happens if there is a break fee, which is paid to the target, not the board. If they agreed not to look for a superior bid, when the minorities obtained no benefit (there is no break fee here, is there??), then you have yet another reason to complain to ASIC/Takeovers Panel/etc.
 
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