"Then I think it really comes down to RCF. They own approx 20% of both companies, makes no material difference to them what the ultimate ratio ends up being to get the deal done. They will express their thoughts to AVL but at the end of the day AVL will either increase the offer or walk away"
Now ask yourself - is there a 3rd option?
And then ask why RCF want to get this done and dusted asap.
DYOR
TMT Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held