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Ann: Merger Presentation, page-507

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LewisB

721 Posts.

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10/10/23

14:21

Post #: 70267991
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Originally posted by sabine: ↑

Hi LewisB

Would you please name some of the ‘heaps’ of companies please where the same equivalents apply as to this TMT/AVL binding scheme implementation scenario.

I still can’t see it and you were wrong about TMT having at least a year’s worth of cash when the merger was likely being set up.

As far as I know there is not even a definite day to officially set some other AVL price and I’d like to study your examples rather than throwing my arms up in the air and running with the ‘press the panic button’ theme.

cheers

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Newcrest/Newmont (0.4 Newmont for every 1 Newcrest) is the best example I can think off.

It’s 12 to 1 irregardless of share price, it isn’t hard to understand. there is no locked in date.

Last edited by LewisB: 10/10/23

TMT Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
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