My feeling is that BRT is being held down by Noble to help with...

  1. 2,239 Posts.
    My feeling is that BRT is being held down by Noble to help with the conversion of his notes - why else did he just sell 500k of BRT? Someone who is prepared to loan BRT $1mill means that Noble wont be able to convert the notes to shares - BRT will just give him back his cash with interest (to my understanding anyway).

    One of the big questions at the moment is will BRT put a sales forecast out prior to the EGM or after the notes have been converted. I expect a forecast in the half yearly of "breakeven" but a sales forecast in the next couple of weeks, when the contracts from the toy fair are confirmed, of a significant profit coming for BRT.

    Let's just wait and see for now.....
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.