Ann: Merger Presentation, page-301

If this merger goes through under the present proposal, I'd imagine most current TMT holders would wait until they received their 12:1 allocation in AVL before deciding what to do next. You'd think there would be a good few that would then decide to sell out, having been unhappy with the merger and the mechanism whereby they no choice but to get AVL shares. It would be no surprise to me if the AVL share price tanked at that moment in the stampede to get out. Perhaps that's what RCF are hoping for ?

All IMHO, DYOR