I dunno but maybe all the buying action is over at AVL?
As long as it is 2.7c or under I think anyone interested may as well buy there.
Plus TMT is kind of locked into an upper price of 32.5c for more than two months until the merger goes through whereas AVL has no ‘ceiling’ and so more immediate potential upside on good news.
cheers
Ann: Merger Presentation, page-476
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