Ann: TMT Investor Presentation December 2023 - Scheme Webinar, page-89

I don't see how RCF can exit either TMT or AVL realistically. Both companies do around $50k worth of trade per day on average (past 6 months), and RCF would need to liquidate to the tune of ~$15m from both. Assuming 50% of all daily trades, that would take 600 trading days for them to get out - 120 weeks, or more than 2 years. That level of sustained selling would depress the SP's of both companies, and RCF would exit with huge losses, and probably severe reputational damage. I can't see it happening.

All IMHO, DYOR