Merger, page-11

The whole merger presentation is about AEK and what AEK have today. RUI offering very little today apart from a promise of liquidity and some old plant and equipment. RUI appears to have been on care and maintenance for some time. Possibly a defensive strategy by both companies to stave off potential cashed up predators. If AEK want to list on the Nasdaq go and do it but it looks like Cronin handing over Temrezil to RUI imo. May achieve ST spike but doesn't reflect full value for the Turkish assets. It's a waiting game in the U-market. I was hoping for other predators. Shame.