TMT
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0.00% 26.0¢ technology metals australia limited

Ann: Merger Presentation, page-497

  1. sabine
    18,327 Posts.
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    10/10/23
    11:00
    Post #: 70262837
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    Rhys I am not a legal expert however I assume that the terms of the offer - announced September 25 -
    https://cdn-api.markitdigital.com/a...pdf?access_token=0007i0I92FJhlvHkWBnpDN1QqKDZ
    - were set on that day based on an AVL price of 2.7c !

    All documentation has been prepared as to that date, and for RCF it represents the translation of its near 46 million shares in TMT at a (hopefully) excellent price, as well as setting it up for that $15m worth of AVL shares, immediately after the merger proposal, one point lower at 2.6c.

    Maybe there is a legal expert out there?


    Cheers
    Last edited by sabine: 10/10/23
    TMT Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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