BRCK ready to watch if the 65p bid arbitrage forces a 75p move?BRCK Group PLCLSE_DLY:BRCKStockso_SimpleI hold this one as a long term investment so factor that in accordingly. Fundamentally it looks like good value and the recent failed bid from Atlas at 65p is an important reference point. When a serious acquirer deems a business worth 65p and the market is currently offering it to you for significantly less, that is an interesting arbitrage. The bigger players are almost certainly still circling, which makes the recent pullback back into the gap all the more perplexing. Since the 22nd the volume has been above average for five consecutive sessions while the price has remained stubbornly supported around 46p. That kind of sustained buying interest while the price holds firm is a positive sign. I am happy to add at this level and collect a 7.28% dividend yield while the wealthy work out how much they want to cough up for it. Previous rejected bid: 65p Potential reward: 35% Speculative revised bid: 75p Potential reward: 56%