gonuke, There is no real takeover offer yet. The current takeover offer is merely a legal way for them to transfer from their associates into the WN register.
No real shareholders have subscribed to the takeover (because it's a sham).
They needed a way to legally transfer from their 3rd party associates into their own name.
Once they are done announcing what they did illegally, I suspect they will revise their offer to cash or continue to buy on market and transfer to themselves.
Either way, it's worthwhile being patient and waiting to see what happens.
The share price can only go upwards.
There is absolutely no way they get my shares for anything less then $20.
BRM Price at posting:
$4.48 Sentiment: None Disclosure: Held
