Unless there is any big news coming (highly doubtful) or AVL take off, I doubt we get near 32c again before the merger.
I am surprised though with AVL's price holding strong at 2.7 that we have seen TMT's price continue to slip lower.
By my calculation 2.7c x 12 = 32.5 cents..
That's pretty much bang on 25% undervalued, so i'm even surprised there aren't more traders on top of this where 25% gain in a few Months seems like a reasonable bet.
I blame a lack of news and clarity mainly why there is so little confidence right now in buying or holding TMT.
I see more AVL purchases of late, and technically for every 3 avl shares you buy, you could be getting 1 free simply by buying TMT instead.
The market sometimes makes little sense.
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