wn are value destroyers, page-9

I guess it's just BRM's bad luck.

It's interesting to consider how many other companies are vulnerable to these types of practices

i.e. a company building a stake, with its stake being its key asset, then making a takeover with the issue of new scrip, with its key value being the scrip of the target company.....it sounds deliciously simple on paper. If it is not illegal I am surprised it is not tried again and again.

The key is to find a BRM....you need a company with few shares on issue, cash in the bank, and a good asset.