TMT 0.00% 26.0¢ technology metals australia limited

Ann: Scheme Booklet registered with ASIC, page-50

  1. 1,305 Posts.
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    The deal will get rejected.

    AVL will be too dumb/arrogant to return with a fair offer.

    Are we then meant to go back to doing rosy presentations and pretend all the issues in this booklet don’t exist?

    Now no-one trusts a word from management.

    Did the free $230k sway you, Ian?

    “In relation to the recommendation of the TMT Directors in respect of the Scheme, TMT Shareholders should have regard to the interests of the TMT Directors in the outcome of the Scheme which may differ from those of other TMT Shareholders, as further disclosed in Section 2.11. In particular, Mr Prentice will receive such number of AVL Shares worth $231,703.70 as at the Last Practicable Date in connection with the cancellation of Class E TMT Options (subject to the Scheme being implemented) and the conversion of Class D Performance Rights.”

    Was it worth screwing over all your shareholders who have backed you every step of the way for $230,000?

 
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