No question they have the 50%. They buying stopped some time ago and yet they continue to release fresh announces in a thinly veiled attempt to make it look like individuals making decisions rather than en masse.
It's over - and I suggest that Wayne knows and so does Twiggy, hence why the rail discussion stalled and we received such a soft announcement on Monday.
The only remote hope now is ASIC and I consider that futile.
We are now controlled by a taxi company. The great iron ore swindle is over.... now maybe we will see who is really calling the shots and whether shareholder wealth is even on their priority list.
Sad, sad day indeed.
BRM Price at posting:
$4.79 Sentiment: Buy Disclosure: Held