TMT technology metals australia limited

Ann: AVL INCREASES SCHEME CONSIDERATION TO BEST & FINAL PROPOSAL, page-21

  1. 4,379 Posts.
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    Am I reading that correctly initial offer was 12 for 1 at 2.7 cents which was 32.4cents of TMT value.

    New offer is at 14 to 1 (it doesn’t disclose the at what AVL price) and is now 30.8 cents of TMT value.

    So has AVL offer more shares but less value in the deal?
 
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