I think even at this stage it's pretty clear that they won't achieve the 50.1% required. It's been a big waste of time and money. (A bit like last time.) It could however been a different story around say $1.65 and they would still have been landing themselves a bit of a bargain at that price I reckon. It's still a possibility of another offer from a different party coming out of left field but I won't be holding my breath.
BRS Price at posting:
$1.26 Sentiment: Hold Disclosure: Held