Schnitzel lover
Regular
There’s easy ways a round that..Formal interest of a takeover ? .... not a chance in hell. It would be a complete waste of the other Co $ to formalise a takeover offer. As the top holders would 100% block the offers chances of success. FACT. Said Co would be informed of this thru any discussion, which No one would hear off, as it never stood Any chance of success.
Ps. For those that wonder if Maybe some entity is taking a position in BRN. I’m led to believe BRN does monitor the market when needed.
“top holders would 100% block…”
Price gets bled down whilst “unrelated parties” continue to sell to each other increasing their ownership.. It wouldn’t be that hard to accumulate over several years a controlling interest that can vote out majority holders like PVDM and Anil.and others if they “don’t play ball”.. The price has come down around 90%.. Easy sell to vote out underperformance on executive BOD’s if they don’t “play ball” so to speak..
Once they control the vote, they then can manipulate what any large holder does.. It’s fairly well recognised that this sort of behaviour occurs constantly in business to funnel money and power to where the controlling elite want it to go..
Who you know and who benefits is more important than who has the ideas and has done all the groundwork..