Re: 100p inbound4 Mar 2021 14:52
fwiw my take on TB exercising his option was to take his holding past the 25% mark to twart an oportunistice takeover of all of BRH. Let's face it if an offer came in for £2.50p a share probably most on this bb would jump at it but that only values it at £100m, and far below the value TB knows it is worth. A holding of over 25% would block that as a 75% majority would be required for a takeover. Just my opinion