RE: TB upping his BRH holdings3 Dec 2024 16:54
This is what semantic posted in August this year and seems even more relevant with the current situation-
“ The impression I get is that the Board are not interested in a bid because even at 1000% premium it would be perceived as peanuts. Remember the main insider shareholders have already seen a share price of 20 x current and were apparently unmoved. I think it is difficult to impossible to comprehend what is possible here. Presumably any bidder would be bidding because they can see significant upside at that bid price, but the Board would already be aware of the potential before any bidder. The 29.9% negative control in the TEB/FAB concert party is there, unchanged for a reason and my guess is that after all these years of blood sweat and tears they are going to see it through to whatever is the resolution. I see this as a positive personally. This situation reminds me of how the normal rules and expectations break down, as in physics. "The laws of physics contradict each other and result in illogical math like division by zero in black holes. Physics laws are not made to deal with infinitely strong time-space traps and matter and gravity in an infinitely small space of a gravity trap" In other words, normal rules don't apply here”
•So why is TB now considering partnerships when he previously mentioned a phase 2 company is worth more than a phase 1 company?
•What has changed for TB to sell his and FABs shares to BRH?
•Why is TB buying shares in BRH?
•Why has Dr Musella joined the board or should I say why was he invited to join the board?
There is a multitude of unanswered questions we have no idea about currently. If we have to wait until the new year before TB can conclude any negotiating with interested partners then so be it. Hopefully it is worth the wait.
Thanks
PS semantic I hope you are ok with the reposting.