1. Will TCH continue to track AFYs performance up until the merger is approved?
I am uncertain. We are not protected from a random technological issue or other type of issue.
2. If it does, does this mean selling out now and buying AFY is pretty much the same thing?
I can't provide an opinion, I can only do it if you disclose the buying price of TCH when you joined in.
3. Is there a chance at all the merger doesn't go through?
I am uncertain. I assume that the directors will influence the vote toward a yes.
4. Is there any benefit in holding TCH for any potential upside?
I assume that if the merger doesn't go through, there might be another buyer. But it needs to go down again to make it attractive to buyers again. There is a strong change that TCH will go down again if the merger doesn't go through. From a qualitative point of view, TCH is still a good business on its own, it just need a new leader and a refocus for the development team (not mainly AFY).
5. Did anyone do any calculations to see what TCH is valued at, at the 0.64 ratio? Is that even a good ratio?
I understand that the ratio is fixed, I don't understand why the ratio would change. I may have not understood the booklet properly.
In my mind this is what will happen if the merger goes through; it you have 100 TCH share, you will then have 64 shares in NewCo.
I did play the crystal ball reader for the first 4 questions
Don't hesitate to challenge what I said on question 5.
