Only takes a few tens of thousands of shares to drop the SP here. Often been the case.
If TMT drops much more on people wanting a quick exit it's likely worth a dabble to get the rise on the buy-out price in Jan. Particularly if AVL can maintain the current SP or even track up a bit. Given they've proven better at marketing (Name recognition), and are down on their year/two year price average seems like a not unworthy bet atm. Will be interesting to track the respective prices over the next few months. They should now be linked, but that's being rational - which often doesn't work as all TMT holders know unfortunately.
Weird but after all the research on TMT with the better end of the deposit, lower shares on issue, and better management etc I really do think it's coming down to the other lot having that name and herd behaviour.
TMT Price at posting:
28.0¢ Sentiment: None Disclosure: Not Held
